Dormy Corporation concludes its IPO stabilization phase as ABG Sundal Collier exercises a partial over-allotment option, marking the end of price support measures for the golf retailer's shares.
The stabilization period for Dormy's IPO has ended with partial exercise of the over-allotment option, indicating the stock held above the offer price but support is now withdrawn.
Dormy Corporation AB has concluded its 30-day post-IPO stabilization period following its September 2026 listing on Nasdaq First North. Sole Global Coordinator ABG Sundal Collier confirmed the partial exercise of the over-allotment option, with 57,172 shares utilized to cover excess demand.
It means that the designated stabilization agent, ABG Sundal Collier, will no longer intervene in the market to support or maintain the share price, allowing the stock to trade based solely on market supply and demand.