Borenius advised Sunborn International Holding Limited on its combination with Rush Factory Plc and listing on Nasdaq First North Growth Market Finland

We advised Sunborn International Holding Limited (“SBIH”) on its combination with Rush Factory Plc through a share exchange and subsequent listing on Nasdaq First North Growth Market Finland. The transaction closed on 28 April 2025, resulting in the formation of the new Sunborn International Group. We also advised SBIH’s largest shareholders on securing a permanent exemption from the Finnish Financial Supervisory Authority from the obligation to launch a mandatory tender offer. The exemption applies to the crossing of the 30% and 50% thresholds.

Following completion, the shares of the newly formed Sunborn International Group were admitted to trading under the trading symbol “SBI”. Trading commenced on 29 April 2025. This marks the fourth time this year that the Nasdaq Helsinki bell has rung, with Borenius being involved on two of those occasions.

The Borenius team was led by partner Juha Koponen and included Akseli Uotila, Lauri Teräsvuori, Annukka Käsnänen, Aleksi Nikkanen, and Ilona Korhonen.