Cederquist advises Yubico in connection with placement of shares

Yubico AB (“Yubico”) has carried out a placement of newly issued shares, including shares previously issued as merger consideration in connection with the merger between ACQ Bure AB and the former Yubico AB, raising proceeds of approximately SEK 344 million. A number of institutional investors have subscribed for shares in the share placement, among these the existing shareholders AMF Tjänstepension, Bure Equity, the Fourth Swedish National Pension Fund and Handelsbanken Fonder as well as the new investors Swedbank Robur Fonder and Thomas von Koch (through the company TomEnterprise AB).

Yubico is a leading provider of multi-factor cybersecurity solutions and through its core invention, the YubiKey, Yubico solves the number one cybersecurity issue – use of stolen credentials. More information is available at Yubico’s website www.investor.yubico.com.

Cederquist acted as legal advisor to Yubico in connection with the placement, with a team consisting of Fredrik Lundén, Louise Génetay, Filip Gyulai, and Kerstin Blomqvist.