Tag Archives: CapLaw-2018-18

IPO of Sensirion Holding AG on SIX Swiss Exchange

On 12 March 2018, Sensirion Holding AG (Sensirion) announced the launch of its initial public offering (IPO) on SIX Swiss Exchange and the first trading day was March 22, 2018. The shares of Sensirion were priced at CHF 36 per share, at the top end of the price range, corresponding to a placement volume of CHF 276 million and a total market capitalization for Sensirion of CHF 504 million (before exercise of the over-allotment option). The bank syndicate placed 6,150,000 existing shares offered by the majority shareholder, Gottlieb Knoch, and 1,530,000 newly issued shares offered by Sensirion in the base offering. Sensirion raised gross proceeds from the IPO of CHF 55 million (before exercise of the over-allotment option).