Milbank LLP advised Acast AB in connection with its initial public offering and the listing of its shares on Nasdaq First North Premier Growth Market. Trading in the shares commenced 17 June 2021.
Acast is one of the most eminent podcast platforms and a disruptive pioneer in the open podcast ecosystem, connecting all podcasting stakeholders to one common infrastructure. Acast has a global footprint across twelve countries and, during 2020, Acast had approximately 3 billion listens on Acast-connected podcasts, and today hosts more than 28,000 shows. Acast’s headquarters are located in Stockholm, Sweden and the Company has nine local subsidiaries including UK, US, Australia, Norway, France, Germany, Ireland, Mexico and Canada.
The Milbank team was led by Capital Markets partner David Dixter and associates Matt Hall, Nina Marot and Shana Mirhosseini. The team also included New York Tax partner Andrew Walker and associate Ben Heller.
