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Published: 2023-11-20 08:30:00 CET
Nasdaq Nordic
Investor News

Nasdaq Copenhagen welcomes Shape Robotics to Nasdaq Copenhagen Main Market

Copenhagen, November 20, 2023 – Nasdaq (Nasdaq: NDAQ) announces that trading in Shape Robotics shares (ticker name: SHAPE) will commence today on the Nasdaq Copenhagen main market. The company has been listed on Nasdaq First North Growth Market siden 2020. Shape Robotics belongs to the technology sector and is the 28th company to be admitted to Nasdaq Nordic’s markets*.

Shape Robotics was founded in Denmark in 2016 by visionary engineers with a shared mission of making the understanding of future technology more accessible to students across nationalities, language barriers, and cultural backgrounds. The vision of a holistic and easily implementable method for technological education laid the foundation for the development of the educational robot Fable and the fully equipped learning spaces called STEAMLabs, which today constitute the company's primary business pillars in the rapidly growing EdTech-group.

“The journey from listing on Nasdaq First North Growth Market to now, where Shape Robotics is listed on Nasdaq Main Market, has been filled with valuable challenges and numerous milestones”, says Andre’ Fehrn, CEO Shape Robotics. “When we achieved our breakthrough in the large market in Romania and established international partnerships, the growth potential of our technology and the effectiveness of our go-to-market strategy were solidified. Every country will need to equip its population for a future job market where understanding new technologies is crucial. Shape Robotics aims to contribute to the goal that all children and young people, regardless of where they are born, have access to easily implementable educational technology. This way, new generations can create a better future for themselves and contribute to increased efficiency and competitiveness in the societies they live in”.

"We are proud to welcome Shape Robotics to the Nasdaq Copenhagen Main Market when they move from Nasdaq First North Growth Market to the main market," says Head of Listings at Nasdaq Copenhagen, Carsten Borring. "Since they became part of the Nasdaq family in 2020, Shape Robotics has shown impressive results, and we look forward to be part of the successful growth journey that the company is on going forward. Shape Robotics will be the 126th company to move from Nasdaq First North to our main market since the introduction of the growth exchange in Denmark in 2005".

*Main markets and Nasdaq First North Growth Market in Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Island and Nasdaq Stockholm

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