Trolltech raises $19.2 million in IPO

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Trolltech raises $19.2 million in IPO

Norwegian software company Trolltech, best-known for its “Qt” C++ GUI toolkit, went public today at the Oslo Stock Exchange (OSE). The company issued a total of 7.5 million shares at 16 NOK each, which translates in a total volume of 120 million NOK or about $19.2 million. According to the company 65% of the demand in the institutional offering came from national investors; the offering increased the number of Trolltech’s shareholders to more than 300.

Trolltech is listed at the OSE under the ticker symbol “TROLL”.