Kahoot! AS’s NOK 2,216 Million Shares Private Placement

Thommessen has acted as legal counsel to Kahoot! AS.

Kahoot! AS successfully completed private placement towards SoftBank and a fund advised by Capital World Investors with total gross proceeds of NOK 2,216 million to Kahoot!, a selling shareholder and sellers of shares issued upon exercise of fully vested options.

The private placement was completed on 13 October 2020 and was managed by ABG Sundal Collier ASA, Arctic Securities AS and Goldman Sachs International.

Kahoot!’s mission is to make learning awesome. Launched in 2013, Kahoot!’s vision is to build the leading learning platform in the world. In the last 12 months, more than 200 million games have been played on the Kahoot! platform with over one billion participating players in 200 countries. The company is headquartered in Norway with offices in the US, the UK, France, Finland, Denmark and Spain.

Thommessen’s team consisted of Hans Cappelen Arnesen (Picture), Trine Haaland Danjalsson and Djulia Todorova.

Involved fees earner: Hans Cappelen Arnesen – Thommessen AS; Trine Haaland Danjalsson – Thommessen AS; Djulia Todorova – Thommessen AS;

Law Firms: Thommessen AS;

Clients: Kahoot!;