Stockholm, June 16, 2017 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Nitro Games Oyj’s shares (short name: NITRO) commenced today on Nasdaq First North in Stockholm. Nitro Games belongs to the consumer goods sector and is the 58th company to be admitted to trading on Nasdaq’s Nordic markets* in 2017.
Nitro Games is a free-to-play mobile game developer and publisher with a decade of experience in developing games for the mid-core user segment, mostly focusing on the genre of strategy games. The company focuses on producing games with high production value and high revenue potential for smartphones and tablets. With Nitro Games’ NG Platform and NG MVP-process, the company is able to do market validation with new game prototypes after a week of development. Nitro Games is headquartered in Kotka, Finland. For more information, please visit www.nitrogames.com.
“We see the listing on Nasdaq First North as the next phase in the progression of the company,” said Jussi Tähtinen, CEO and co-founder of Nitro Games. “We are looking to expand our business to self-publishing and feel that we are offering an interesting opportunity for investors to join our success story.”
“We welcome Nitro Games to our European growth market, Nasdaq First North,” said Adam Kostyál, SVP and Head of European listings at Nasdaq. “Nitro Games is yet another gaming company leveraging the public markets for future expansion, and we are excited to offer them the visibility that comes with a Nasdaq First North listing.”
Nitro Games Oyj has appointed Augment Partners 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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