Guides
CHAPTER I
Introduction to unlisted shares and Pre-IPO
What are unlisted shares?
An introduction to unlisted shares — what they are, how they differ from public stocks, and why they've become an increasingly important asset class.
6 minListed vs unlisted shares
A comparison of the key differences between listed and unlisted shares — from liquidity and transparency to risk and returns.
5 minWhy invest in unlisted companies?
The advantages of investing in unlisted companies — from early exposure and higher return potential to portfolio diversification.
5 minWho can invest in unlisted shares?
What requirements and conditions apply to investing in unlisted shares in Sweden.
4 min
CHAPTER II
Transactions and trading
How to buy unlisted shares
Step by step: how to find, evaluate, and execute a purchase of unlisted shares.
6 minWhat documents are needed when buying unlisted shares?
Contract notes, transfer agreements, and consents — an overview of the paperwork required for unlisted transactions.
4 minHow to sell unlisted shares
Guide to selling unlisted shares — from finding buyers to executing the transfer.
5 minWhat is secondary trading?
Understanding the secondary market for unlisted shares — how it works, why it exists, and how Accumeo simplifies the process.
5 minHow share transfers work
The practical process for transferring unlisted shares — from agreement to registration.
4 minCan I hold unlisted shares in an ISK?
Everything you need to know about holding unlisted shares in an Investment Savings Account (ISK) or endowment insurance.
4 minCan I buy unlisted shares through a company?
Many investors choose to buy unlisted shares through their own limited company (holding company). Here we go through the advantages, the rules regarding business-related shares, and what you should consider.
5 min
CHAPTER III
Owning unlisted shares
Share register and proof of ownership
The difference between share register and share certificates and how your ownership is registered.
4 minTax on dividends from unlisted shares
Learn the differences between owning privately versus via a holding company, and how dividends are taxed.
5 minInformation rights and transparency
What information rights do you have as a shareholder in an unlisted company?
3 minArticles of association and shareholders' agreements
How shareholders' agreements, right of first refusal, and pre-emption rights govern your unlisted investments.
4 min
CHAPTER IV
Valuation and analysis
How are unlisted companies valued?
The most common methods for valuing unlisted companies — from DCF and multiples to latest funding round.
6 minUnderstanding cap tables and dilution
What a cap table is, how dilution works, and why it's critical to understand before investing.
5 minDue diligence for unlisted investments
What due diligence means, what areas to review, and how to avoid common mistakes.
6 minFunding rounds explained
Understanding the different phases of funding — from pre-seed to pre-IPO and what they mean for investors.
5 min
CHAPTER V
IPOs and exit
The road to IPO
What does the process look like when a private company goes public? We explain the steps from decision to first trading day.
6 minWhat happens at an IPO?
A practical guide to what happens before, during, and after an IPO — from the investor's perspective.
5 minLock-up periods and restrictions
What lock-up periods mean, why they exist, and how they affect you as an investor.
4 minExit strategies for early investors
The most common ways to realize your investment in unlisted shares — from IPO and acquisition to secondary trading.
5 min