CDON has historically been a subsidiary of the listed group Qliro Group (renamed Nelly Group) but was listed on the Nasdaq First North Growth Market with the first day of trading on November 6, 2020. The largest owners prior to the split were: ADW Capital Management with approximately 28.4% ownership and Rite Ventures with 24.4%.

The 15 largest owners as of December 31, 2022.

Owners Capital & Votes
ADW Capital Management, LLC     28,40%
Rite Ventures  24,45%
Mandatum Life Insurance Company  9,76%
Bayberry Capital Partners Lp  7,47%
Far View Capital Management  5,03%
Camac Partners 2,58%
eQ Asset Management Oy  1,03%
Kanen Wealth Management LLC 0,72%
Pengana Capital Group  0,69%
Lizard Investors LLC 0,61%
Maryland State Retirement And Pension System  0,54%
Avanza Pension 0,47%
State Street Global Advisors 0,21%
Staffan Johansson 0,17%
Ronald Sundgren 0,12%
Total 15 largest owners 82,25%
Others 17,75%
Total 100,0%

Source: Modular Finance Monitor