Stockholm, April 6, 2017 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Tangiamo Touch Technology AB’s shares (short name: TANGI) commenced today on Nasdaq First North in Stockholm. Tangiamo Touch Technology (“Tangiamo”) belongs to the consumer goods sector and is the 22nd company to be admitted to trading on Nasdaq’s Nordic markets* in 2017.
Headquartered in Gothenburg, Sweden, Tangiamo designs, develops and manufactures multi-player gaming systems for casinos and electronic arcades based on patented touch technology that identifies simultaneous users of a touch display. The company was founded in 2004 as a spinoff company from research in complex systems and artificial intelligence at Chalmers University of Technology, and currently sells its products in over 25 countries worldwide. For more information, please visit www.tangiamo.com.
“We are very happy to see the significant level of interest the company has attracted, and look forward to an exciting journey ahead together with new and existing shareholders,” said Mats Nordahl, CEO of Tangiamo Touch Technology. “The listing on Nasdaq First North is a milestone for the company that provides us with a platform for further expansion and growth, both within the gaming sector, and based on new applications of Tangiamo’s unique sensor technology.”
“We welcome Tangiamo to Nasdaq First North,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “Tangiamo is another exciting addition to our consumer goods sector, and we look forward to supporting the company with the increased investor exposure that comes with a Nasdaq First North listing.”
Tangiamo Touch Technology 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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