NanoCap applies to change trading venue to Nasdaq First North Growth Market
Stockholm 2023-01-31
NanoCap Group AB (publ) (“NanoCap” or “the Company”) has today applied for approval for admission to trading of the Company's shares on the Nasdaq First North Growth Market. NanoCap's shares are traded today on Spotlight Stock Market.
The Board of Directors assesses that a change of trading venue for the Company's shares to the Nasdaq First North Growth Market will increase the market's awareness of the Company and make it easier for international investors to become shareholders.
NanoCap today has a diversified portfolio of holdings and focuses primarily on international growth companies. A listing of the Company's shares on the Nasdaq First North Growth Market gives us the opportunity for a greater recognition factor and more investment opportunities as we focus predominantly on the international market.
In connection with the application, the board has decided to postpone the publication of the year-end report for 2022 until February 28, 2023. The previous report date was February 24, 2023.
Nasdaq First North Growth Market is Nasdaq's European growth market, with the same legal status as Spotlight Stock Market, a multilateral trading venue (so-called MTF). Shareholders in NanoCap will not need to take any action when switching trading venues from the Spotlight Stock Market.
Amudova is advising the Company regarding the planned list changes and will act as NanoCap’s Certified Adviser. Born Advokater is the Company's legal advisor.
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This press release is a translation from the main language, which is Swedish.
For more information, contact the company at:
Telephone: +46 (0)8-410 59 140
ir(at)nanocapgroup.com
www.nanocapgroup.com
NanoCap Group AB (publ)
NanoCap invests in growth companies, primarily unlisted, as well as develops and launches its own in-house projects. NanoCap employs a strategy to help each individual target company/investment to prepare for a listing in the near future. NanoCap’s approach is to, beside providing support regarding the listing processes, also to be involved in the respective target companies’ business- and strategy development.
