Stockholm, June 16, 2014 — NASDAQ OMX (NASDAQ: NDAQ) announces that the trading in Mavshack AB (MAV) shares commenced today on First North at NASDAQ OMX Stockholm. Mavshack, previously listed at Aktietorget, belongs to the Consumer Services sector and is the 21st company to be admitted to trading on First North’s Nordic markets (Stockholm, Helsinki, Copenhagen and Iceland) in 2014.
Mavshack with offices in Stockholm, Dehli, Los Angeles, Manila and Jakarta, is a streaming platform providing online access to various Asian content via its web portal. Mavshack aims to be the biggest Asian content provider, accessible globally. In January 2014 the catalogue of content available on Mavshack.com was over 3 000 titles. For more information, visit www.mavshack.com.
“As a truly global company our listing at NASDAQ OMX First North gives us more visibility and reach," said Jonas Litborn, CEO of Mavshack. "It also opens up for investments from institutional investors in Mavshack.”
“We welcome Mavshack to NASDAQ OMX First North and to our Consumer Services sector,” said Adam Kostyal, Senior Vice President at NASDAQ OMX. “Mavshack is one of many innovative growth companies that have opted for a listing at First North and we look forward to supporting them in their continued journey as a publicly traded company.”
Mavshack AB has appointed Erik Penser Bankaktiebolag as Certified Adviser.
To view an interview from today’s listing ceremony click here.
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