Stockholm, February 16, 2015 — Nasdaq (Nasdaq: NDAQ) announces that the trading in OrganoClick AB’s shares (shortname: ORGC) commenced today on First North at Nasdaq Stockholm. OrganoClick belongs to the Basic Materials sector and is the eighth company to be admitted to trading on Nasdaq’s Nordic markets* in 2015.
OrganoClick is a Swedish cleantech company that develops, produces and markets functional materials based on environmentally friendly fiber chemistry. OrganoClick was founded in 2006 as a commercial spin-off company based on research performed at Stockholm University and the Swedish University of Agricultural Sciences. OrganoClick has won a number of prizes, such as “Sweden's Most Promising Start-up” and “Sweden's Best Environmental Innovation” and has also received a number of awards, such as the World Wildlife Fund (WWF) "Climate Solver" award. For more information, please visit www.organoclick.com.
“We are very happy to get listed at First North," said Mårten Hellberg, CEO and co-founder of OrganoClick. "We see a strong demand for our green chemical and material products which our current strong revenue growth proves. With the capital raised in conjunction with the listing, we are now fully financed to execute our international expansion plan and continue to grow quickly.”
“We welcome OrganoClick to First North and to our Nasdaq-family of companies,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “We continue to see a strong interest for our First North platform among cleantech companies, and OrganoClick’s listing today underlines that trend.”
OrganoClick has appointed Pareto Securities as Certified Adviser.
*Main markets and First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
About First North
First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq Nordic (First North Denmark is regulated as an alternative marketplace). It does not have the legal status as an EU-regulated market. Companies at First North are subject to the rules of 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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