Stockholm, March 21, 2017 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Clinical Laserthermia Systems AB’s shares (short name: CLS B) commenced today on Nasdaq First North in Stockholm. Clinical Laserthermia Systems (CLS) belongs to the health care sector and is the 10th company to be admitted to trading on Nasdaq’s Nordic markets* in 2017.
CLS develops therapies, systems and single-use instruments for gentle and safe thermal treatment of solid cancer tumours. The products are optimized for treatment with immunostimulating interstitial laser thermotherapy (imILT®), which has been developed by CLS to kill solid cancer tumors while stimulating an immunological defense against any remaining tumor cells outside the treated area. CLS is headquartered in the Medicon Village in Lund, Sweden. For more information, please visit www.clinicallaser.se
“The Nasdaq First North listing is an important and positive step for CLS. Not only will it position our company in the stock market, it will also be a strong support, in our overall objective, to position CLS as an innovative provider of products and treatment methods for fighting cancer,” said Lars-Erik Eriksson, CEO of CLS.
“We welcome CLS to Nasdaq First North,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “CLS operates in an important and exciting field, and the company will make a strong addition to our growing health care sector.”
Clinical Laserthermia Systems AB has appointed Västra Hamnen Corporate Finance AB as the Certified Adviser.
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
About Nasdaq First North
Nasdaq First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq Nordic (Nasdaq First North Denmark is regulated as an alternative marketplace). 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 and not the legal requirements for admission to trading on a regulated market. The risk in such an investment may be higher than on the main market.
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