Stockholm, November 13, 2017 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Indentive AB’s shares (short name: INDEN B) commenced today on Nasdaq First North in Stockholm. Indentive belongs to the technology sector and is the 94th company to be admitted to trading on Nasdaq’s Nordic markets* in 2017.
Founded in 2011, Indentive is a Swedish technology company specialized in Internet of Things (IoT) technology, cloud solutions, IP TV solutions and application development. The company has developed the Connective platform, an open cloud based platform for IoT that gather, collect and connect devices, services and data. Headquartered in Linköping, Sweden, Indentive has an additional office in Stockholm and currently employs 45 professionals. For more information, please visit www.indentive.se.
“The IoT market is growing rapidly and we develop the technical infrastructure that is needed for the IoT revolution,” said Lars-Thomas Rasmussen, CEO of Indentive. “As a public company, we can speed up our expansion”.
“We welcome Indentive to Nasdaq First North,” said Adam Kostyál, SVP and Head of European listings at Nasdaq. “Nasdaq First North continues to see a strong inflow of innovative technology companies, and we look forward to stand by Indentive on their journey as a public company.”
Indentive AB has appointed Remium Nordic 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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