Olink Holding AB’s $264.7 Million IPO

Goodwin Procter LLP and Advokatfirman Delphi advised Olink Holding AB on the deal, while Baker McKenzie legal advisor to minority selling shareholders.

Sweden-based Olink Holding AB (publ) (Nasdaq: OLK) announced its initial public offering of 13,235,294 common shares in the form of American Depositary Shares (ADSs) at a price to the public of $20 per share. An additional 7,058,822 ADSs were sold by selling shareholders in the offering, including 2,647,058 ADS sold through the exercise in full of the underwriters’ over-allotment option. The gross proceeds of the offering to the Company, before deducting underwriting discounts and commissions and other offering expenses payable by the Company, were approximately $264.7 million.

Headquartered in Uppsala, Sweden, Olink provides a platform of proteomics-related products and services which are deployed across major biopharmaceutical companies and leading clinical and academic institutions to deepen the understanding of real-time human biology and drive 21st century healthcare through actionable and impactful science.

Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC acted as lead book-running managers for the offering. SVB Leerink LLC acted as a joint book-running manager. BTIG, LLC acted as co-manager.

The Goodwin team was led by Kristopher Brown (Picture) and Stephanie Richards and included Humza Bokhari, Hayden Hutto, and Eugenia Sims. The team also included Lily Wound, Janet Andolina, Sarah Bock, Cathy McCarty, Stephanie Philbin, Gretchen Scott, and Ettore Santucci with assistance from former Goodwin lawyers Amoli Pandya and Jennifer Wong.

The Baker McKenzie team consisted of Henric Roth and Ian Gulam in Stockholm, Adam Farlow and Megan Schellinger in London.

The Delphi team consisted of Annika Melin Jakobsson, Andreas Wirén, Mats Dahlberg, Pekka Frölander and Matilda Karlsson.

Involved fees earner: Adam Farlow – Baker McKenzie; Ian Gulam – Baker McKenzie; Henric Roth – Baker McKenzie; Megan Schellinger – Baker McKenzie; Mats Dahlberg – Delphi Advokatfirman; Pekka Frölander – Delphi Advokatfirman; Annika Melin Jakobsson – Delphi Advokatfirman; Matilda Karlsson – Delphi Advokatfirman; Andreas Wirén – Delphi Advokatfirman; Janet Andolina – Goodwin Procter; Sarah Bock – Goodwin Procter; Humza Bokhari – Goodwin Procter; Kristopher Brown – Goodwin Procter; Catherine McCarty – Goodwin Procter; Stephanie Philbin – Goodwin Procter; Stephanie Richards – Goodwin Procter; Ettore Santucci – Goodwin Procter; Gretchen Scott – Goodwin Procter; Eugenia Sims – Goodwin Procter; Lily Wound – Goodwin Procter;

Law Firms: Baker McKenzie; Delphi Advokatfirman; Goodwin Procter;

Clients: Goldman Sachs & Co.; Morgan Stanley; Olink Holding AB; SVB Leerink LLC;

Martina Bellini

Author: Martina Bellini