Stockholm, October 25, 2016 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Gasporox AB’s shares (short name: GPX) commenced today on Nasdaq First North in Stockholm. Gasporox belongs to the Industrial sector and is the 64th company to be admitted to trading on Nasdaq’s Nordic markets* in 2016.
Established as a spin-off from Lund University in 2005, Gasporox is a technology company offering instruments and services for gas monitoring in food and pharmaceutical packages. The company’s products are based on so called diode laser spectroscopy, and are used for quality control in the food and pharmaceutical industries. Gasporox holds a number of world-wide patents and is headquartered in Lund, Sweden. For more information, please visit www.gasporox.se.
"We are very happy about the huge interest we have received in our recent share issue and for the listing on First North,” said Märta Lewander Xu, CEO of Gasporox. “Our ambition is to give our new and potential future shareholders an interesting journey together with Gasporox. We believe that we can offer a unique product for quality control in food and pharma packages, and that our solution can help clients reduce costs in several parts of the production process. We strongly believe in our product and we are now shifting focus towards the commercialization of our technology."
“We welcome Gasporox to Nasdaq First North,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “Gasporox will make a compelling addition to our Industrial sector, and we look forward to supporting the company with the increased investor visibility that comes with a First North listing.”
Gasporox AB has appointed G&W Kapitalförvaltning 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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