Bilot – Listing on First North

We advised Bilot Plc and Alexander Corporate Finance Oy, the lead manager, in the listing of Bilot on the Nasdaq First North Growth Market Finland market maintained by Nasdaq Helsinki.

The initial public offering, which consisted of a public offering, institutional offering and personnel offering, was oversubscribed multiple times. The company gained approximately 4,000 new shareholders in the IPO. Trading in the company’s shares on First North began today.

Bilot is a Finnish software and digital service company that gives its customers a strategic competitive advantage by developing a superior digital customer experience. The company has recognised expertise and a significant market share in Finland in leading software platforms and key technology ecosystems and in their seamless integration to its customers’ business. Bilot has approximately 140 employees in Finland, Sweden and Poland. In 2019, Bilot Group’s net sales was approximately MEUR 18.5.