Nasdaq Helsinki welcomes Nordic Lights Group to Nasdaq First North Growth Market Finland
July 5, 2022 – Nasdaq (Nasdaq: NDAQ) announces that trading in Nordic Lights Group shares (short name: NORDLIG) commence today on Nasdaq First North Growth Market Finland. The company belongs to Industrials sector. Asuntosalkku the 51st company to be admitted to trading on Nasdaq’s Nordic markets* in 2022 and it represents the ninth listing on Nasdaq Helsinki in 2022.
Nordic Lights, based in Pietarsaari, Finland, has paved its way as a global premium supplier of high-quality lighting solutions for heavy-duty equipment in several demanding industrial sectors. Nordic Lights’ mission is to enable the safe and efficient use of equipment. With three decades of experience Nordic Lights works with the most demanding manufacturers of machinery from design to production and aftermarket support. For more information
”We are very pleased with the positive interest our Initial Public offering received among domestic and international institutional investors, retail investors as well as our own employees. Recently, there has been significant uncertainty in the capital markets. I believe that Nordic Lights’ solid track record of profitable growth, our resilient and versatile existing business, as well as our diverse growth prospects convinced investors. The success of our IPO supports our growth strategy. I would like to welcome our over 900 new shareholders as we continue to light the way for the builders of our future," says Tom Nordström, CEO of Nordic Lights.
“We are pleased to welcome Nordic Lights Group with a long history from Pietarsaari to Nasdaq First North Growth Market,” says Henrik Husman, President of Nasdaq Helsinki. “Despite the challenging market situation, their IPO was successful. We look forward to follow Nordic Lights Group as a listed company.”
Nordic Lights Group has appointed Oaklins Merasco Ltd as its Certified Adviser.
*Main markets and Nasdaq First North Growth Market at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm
About Nasdaq First North Growth Market
Nasdaq First North Growth Market is a registered SME growth market, as defined by the Directive on Markets in Financial Instruments (EU 2014/65). It does not have the legal status as an EU-regulated market. Companies at Nasdaq First North are subject to the rules of Nasdaq First North Growth Market and not the legal requirements for admission to trading on a regulated market, such as the Nasdaq Nordic Main Market. The risk in such an investment may be higher than on the main market.
The Premier segment within Nasdaq First North Growth Market is designed to further assist companies in raising investor visibility and to prepare them for a Main Market listing. The Premier segment targets companies that make a conscious decision to comply with higher disclosure and accounting standards than imposed under the Nasdaq First North Growth Market rules.
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