Stockholm, May 25, 2018— Nasdaq (Nasdaq: NDAQ) announces that the trading in JonDeTech Sensors AB’s shares (short name: JDT) will commence today on Nasdaq First North in Stockholm. JonDeTech Sensors (“JonDeTech”) belongs to the technology sector and is the 30th company to be admitted to trading on Nasdaq’s Nordic markets* in 2018.
JonDeTech offers uniquely configured IR-detectors and sensor applications to high volume mass markets. With applications within contactless temperature measurement, presence detection and body temperature, JDT primarily serves customers in consumer electronics-, IOT- and medical segments. JonDeTech was founded in 2003 and is headquartered in Stockholm, Sweden. For more information, please visit www.jondetech.se.
“The IPO and new share issue enable us to invest in a high-volume production line and continue our expansion,” said Robert Ekström, CEO of JonDeTech. “The listing is also an acknowledgement for the company that will have a positive effect on business discussions and recruitment.”
”We congratulate JonDeTech on its successful Nasdaq First North listing,” said Adam Kostyál, SVP and Head of European Listings, Nasdaq. “We continue to see an inflow of technology companies leveraging Nasdaq First North as a platform for continued growth, and JonDeTech will make an exciting addition to our technology sector.”
JonDeTech Sensors AB has appointed Redeye 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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