PEETRI, Estonia - Within two years listed cargo bike manufacturer Hagen Bikes company is heading to the stock market again for new capital. Hagen's shares are tradable in the multilateral trading system First North, and the company Hagen submitted a request to Nasdaq Tallinn AS to also admit all new shares issued during the offering to trading in the multilateral trading system.

TALLINN, Estonia - The recent initial public offering on the Baltic First North market gave room for expansion of the Estonia cargo-bike manufacturer Hagen Bikes, also known as KP Cyclery. Recently the company launched three new models and expanded to Germany and France.

COPENHAGEN, Denmark - A total of 6,530 investors were interested in Hagen Bikes, exceeding the IPO subscription of the Danish-Estonian cargobike manufacturer by 14.9 times. It shows that cargobikes are a hot investment.