During the night, Klarna has announced the subscription price ahead of today's stock market introduction in New York. In advance, the company had announced a price in the range of 35–37 dollars to investors. In the end, the price landed at 40 dollars per share, i.e. a value increase of 8–14 percent.
It is remarkable and very unique. I do not recall a case where the final price ended up outside the previously estimated range, says Lars Frick.
At the same time, Lars Frick notes that the interest in the company's stock market introduction has been great, according to Dagens industri, there has been an over-subscription of the shares by 26 times.
There has obviously been a gigantic interest, but I think it is quite strong to be able to raise the price, says Lars Frick.
Do you choose to see this as something positive or negative?
That you tell your shareholders, "Hello, do you want to buy shares in our company, it will cost between A and B" and then it becomes C, it's not good. But since the share has been over-subscribed so many times, I do not think those who will be allocated shares will complain.
Do you dare to speculate on how the stock price will develop?
I think it will continue to rise, however, I certainly cannot say how much.
