Investor relations

This page contains main Kahoot! highlights for current and potential investors. Stay up-to-date with our latest news! More info will be added soon.

About Kahoot!

Since its launch in 2012, Kahoot! has turned game-based learning into a pop culture phenomenon around the world. The game platform hosted over 70 million monthly active users in December 2017 and has a library with more than 50 million learning games, created and shared by fans in more than 200 countries. In 2018, the company launched its premium products for businesses and professional users. Kahoot! is on a mission to make learning awesome for learners in all contexts!

Latest news: Notice of exercise of warrants to Accelerator Investments LLC (12/14/2018)

On 11 July 2017, the Company entered into a warrant agreement with Accelerator Investments LLC (the “Warrant Holder”) pursuant to which the Warrant Holder was granted 225,000 warrants (the “Warrants”) on the terms and conditions set out in the warrant agreement. Each Warrant gives the Warrant Holder the right, but not the obligation, to claim the issuance of one – 1 – share in the Company with a nominal value of NOK 0.10 at a price of NOK 100 per share.

As the Company completed a share capital increase by way of a bonus issue in July 2018, whereby existing shareholders were allocated 19 new shares for each share held, the number of Warrants and the strike price must be adjusted accordingly. Following the bonus issue, the Warranty Holder is accordingly entitled to 4,500,000 Warrants, each giving the right to subscribe for one – 1 – share in the Company with a nominal value of NOK 0.10 at a price of NOK 5 per share.

On 13 December 2018, the Company received a notice of exercise of all of the Warrants by the Warrant Holder.

After the exercise the Accelerator Investment LLC will own 4,670,000 shares in Kahoot! AS. representing 4.0% of the capital in the Company.

The Company’s share capital following the exercise of warrants will be NOK 11,558,220 divided into 115,582,200 shares, each with a nominal value of NOK 0.10. Read the full announcement at notc.no.

Previous announcements

Private placement completed (10/10/2018)

Kahoot! AS (the “Company”) today announces that the Company has successfully completed a private placement with gross proceeds of NOK 126.5 million (approx. USD 15 million) through the subscription of 5,500,000 shares (the “New Shares”), at a subscription price of NOK 23.0 per share (“the Private Placement”). The Private Placement was substantially oversubscribed by new high-quality institutional investors as well as large existing shareholders. ABG Sundal Collier and Arctic Securities acted as Joint Lead Managers and Joint Bookrunners for the Private Placement.

The net proceeds from the Private Placement, which represents approximately 5.2% of the current outstanding share capital, will be used to further grow the Company, including allowing the Company to pursue value-creating non-organic opportunities. Read the full announcement at notc.no.

Company update September 2018 (09/21/2018)

Please see attached Kahoot! Company Update from the strategic update and the Q2 results presentation held September 21st 2018. Download presentation

Share split in Kahoot! AS - key dates announcement (7/18/2018)

At the annual general meeting of Kahoot! 28 June 2018 a decision was passed to increase share capital by way of transfer from other equity (bonus issue).

The share capital was increased by issuing 100,303,090 new shares. The new shares will be allocated to the shareholders pro rata according to their current shareholding (i.e., shareholders will receive 19 new shares for each of their current shares).

Last day for the Kahoot-share before the share split is Tuesday 17 July 2018. First day after the share split is Wednesday 18 July 2018 (Ex date).

Record date is Thursday 19 July 2018

Date of approval: 28 June 2018

Minutes from the Annual General Meeting of Kahoot! AS (6/28/2018)

Please find attached the minutes from the Annual General Meeting of Kahoot! AS. Download minutes

Annual General Meeting of Kahoot! AS (6/22/2018)

Please find attached Kahoot! AS’s Notice of Annual General Meeting to be held 28 June 2018. Download notice

Please find attached Annual Accounts Kahoot! AS 2017. Download accounts

Shareholders that are prevented from attending the general meeting may be represented by proxy. Download proxy

Company update June 2018 (6/6/2018)

Please see Kahoot! Company Update from the investor presentation held on June 6, 2018: download presentation.

Kahoot! on the NOTC list (5/25/2018)

Kahoot! AS is registered on the NOTC-list as of 25 May 2018 with ticker code “KAHOOT”. The Company has issued 5,279,110 common shares each with a par value NOK 0.10, all of which are registered in VPS with ISIN code NO0010823131. Based on the last share issue completed on 9 April 2018, the market capitalization of the Company is NOK 791,866,500. (NOK 150 per share). The Company has entered into an agreement with NOTC AS whereby it will be able to use the reporting system as of 25 May 2018.

Kahoot! story told by our user community

Kahoot! is among the most popular brands within education, both in the U.S. and globally. We’re proud to have a fantastic user community! Watch one of our favorite user-generated videos and hear Kahoot! story told by a creative teacher and his students:

More info will be added to this page soon – stay tuned!