IPO 2021 FAQ
Below you can find answers to some frequently asked questions.
What is Truecaller?
Truecaller was founded in 2009 with a mission to create more trust in mobile communication by making it smarter, safer and more efficient. Truecaller is the leading global platform for verifying contacts and blocking unwanted calls and messages. Truecaller enables safe and relevant conversations between people and makes it efficient for businesses to connect with consumers.
During the second quarter of 2021, Truecaller had an average of 278.1 million monthly active users ("MAUs") worldwide in over 175 countries, which makes Truecaller one of the ten largest communications platforms globally. During the same time period, there was an average of 205.5 million MAUs in India, making Truecaller the country’s third largest communications platform (behind Facebook and WhatsApp).
When will be the first day of trading in Truecaller shares?
The first day of trading at Nasdaq Stockholm Main Market is expected to be 8 October 2021 under the short name/ticker TRUE.
Where do I find the prospectus?
The prospectus can be downloaded at IPO 2021 | Truecaller. If you wish to order a printed copy, please send an e-mail to investors@truecaller.com
At what price are the Truecaller shares offered?
The shares are offered in the price range 44 - 56 SEK per class B-share. The final price in the offering will be determined through a book-building process. The final price in the offering to the public in Sweden will not exceed 56 SEK per share. The final price in the offering is expected to be announced through a press release on or around 8 October 2021.
Between which dates is it possible to apply for Truecaller shares?
The application period for the public in Sweden and institutional investors is between 29 September and 7 October.
How do I apply for shares in Truecaller?
Applications for acquiring class-B shares can be made via Carnegie, Nordnet or Avanza.
Applicants applying to acquire class B shares through Carnegie must have a securities depository account or investment savings account with Carnegie.
Persons applying to acquire shares through Avanza or Nordnet must hold a securities depository account or investment savings account.
Only one application per investor may be made.
For more information about how to apply for shares, please see the prospectus on page 22-26 or visit www.avanza.se, www.nordnet.se or www.carnegie.se.
When will I have my shares in my account?
The settlement date is expected to be 12 October 2021.
When do I need to have the money that I will invest in my account?
Applicants must have sufficient funds, corresponding to at least the amount stated in the application and calculated at the maximum price in the price range, available in their depository account from 7 October 2021 until the settlement date, which is expected to be on 12 October 2021.