Stockholm, November 12, 2015 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Waystream Holding AB’s shares (short name: WAYS) commenced today on Nasdaq First North in Stockholm. Waystream belongs to the Technology sector and is the 77th company to be admitted to trading on Nasdaq’s Nordic markets* in 2015.
Founded in 2001, Waystream is a technology company providing access equipment for broadband and enterprise networks. The company develops and markets advanced routers and switches for fiber based networks, and its products are used to provide broadband services to both consumers and enterprises. Headquartered in Kista, Sweden, Waystream also has a subsidiary in Shanghai, China. For more information, please visit www.waystream.com.
“The IPO is a stepping stone in our strategy to expand our business internationally while we continue to focus on product development and innovation for the future”, said Johnny Hedlund, CEO of Waystream. “It is with great pleasure I welcome new and old shareholders to join us on our journey, where we together with our customers provide households and enterprises with ultrafast, reliable and secure fiber connections.”
“We welcome Waystream to Nasdaq First North and to our family of companies” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “We continue to see a strong inflow of new companies to Nasdaq First North, and we look forward to supporting Waystream in their journey as a publicly traded company.”
Waystream Holding AB has appointed Avanza Bank 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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