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    First North Growth Market

    A Leading European SME Market Enabling Companies to Grow, Scale and Prosper

    Start your listing journey today
     

    Nasdaq First North Growth Market

    A growth market for aspiring companies to access the public market



    As a growth market for aspiring companies to access the public market, Nasdaq First North is currently home to more than 550 traded growth companies. There is a well-functioning ecosystem surrounding Nasdaq First North, with advisers facilitating a smooth listing process and a range of investors supporting the market, from retail investors to institutional capital.

    All companies applying to be admitted to trading on First North Growth Market must engage a Certified Adviser to be retained for as long as the company is listed.
     

    Find your Certified Adviser

    Benefits of a Nasdaq First North Growth Market Listing

    Proven Growth Platform

    More than 120 Nasdaq First North Growth Market listed companies have grown and migrated to the Main Market.

    More than 120 Nasdaq First North Growth Market listed companies have grown and migrated to the Main Market.

    Active Market

    Strong investor demand for growth companies, both among retail investors as well as domestic and international institutional investors.

    Strong investor demand for growth companies, both among retail investors as well as domestic and international institutional investors.

    Global Brand

    The Nasdaq brand brings visibility and credibility, and can potentially help listed companies as they expand internationally and in talent acquisition.

    The Nasdaq brand brings visibility and credibility, and can potentially help listed companies as they expand internationally and in talent acquisition.

    Start your growth journey.

    A company can join Nasdaq First North Growth Market regardless of the country of origin or industry sector. A key factor for success is investor interest for the company's share. The Nordic region boasts the largest retail presence in the world per capita, with small private and professional investors taking an active role.
     

    Download our listing guide ->

    Meet Our Clients

    Since the listing on First North, OX2 has continued the geographical expansion and our project portfolio has grown significantly.

    Accelerating the Green Transition with the Help of Nasdaq's First North Growth Market

    OX2 is a pan-European multi-technology company with a focus on wind and solar energy generation, coupled with energy storage to offer fully customized renewable energy solutions.  

    Read the article

    OX2 is a pan-European multi-technology company with a focus on wind and solar energy generation, coupled with energy storage to offer fully customized renewable energy solutions.  

    Read the article ->
    OX2

    Nasdaq First North Premier Growth Market

    For growth companies with an ambition to list on the Main Market

    Nasdaq First North Premier Growth Market is our senior growth market segment designed to assist companies in raising investor visibility and prepare them for a Main Market listing. The Premier segment targets companies that are ready and make a conscious decision to comply with higher listing requirements than the standard First North rules.

    In connection with the listing process, all companies applying to be admitted to trading on First North Premier Growth Market must engage a Certified Adviser.
     

    Get in touch

    Find your Certified Adviser

    Benefits of a First North Premier Growth Market Listing

    Visibility Platform

    The Premier segment offers companies an opportunity to make its higher ambition visible towards investors by choosing to list on Nasdaq’s senior growth market segment.

    The Premier segment offers companies an opportunity to make its higher ambition visible towards investors by choosing to list on Nasdaq’s senior growth market segment.

    Enhanced Quality Stamp

    The stricter listing requirements serve as a quality stamp for the Premier segment, as the company's transparency to the market increases.

    The stricter listing requirements serve as a quality stamp for the Premier segment, as the company's transparency to the market increases.

    Institutional Investors

    Higher institutional investor interest in the Premier segment indicated by shareholder data.

    Higher institutional investor interest in the Premier segment indicated by shareholder data.

    A stepping stone to the Main Market.

    On average, more than five companies grow and transfer from First North Growth Market to the Main Market each year. By listing on the Main Market, companies benefit from increased visibility and investor exposure, and Nasdaq’s efficient and independent surveillance of issuers, members and trading.
     

    Read more in our transfer guide ->

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    Recent Listings

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    Webrock Ventures

    PMD

    Stockholm, January 17

    PMD Device Solutions

    Readly International

    Stockholm, November 20

    Readly International

    Certified Advisers

    The Certified Adviser is responsible for guiding and supporting the company during the listing process and for the duration of the listing on Nasdaq First North Growth Market. All Certified Advisers are approved by the Exchange and have attended the Certified Adviser training.

    The list of Certified Advisers can be downloaded here.

    The Certified Adviser is responsible for guiding and supporting the company during the listing process and for the duration of the listing on Nasdaq First North Growth Market. All Certified Advisers are approved by the Exchange and have attended the Certified Adviser training.

    The list of Certified Advisers can be downloaded here.

    Nasdaq Boardvantage Board Portal and Board Management Software for Board Members and Executive Teams

    Certified Advisers Trading Rules

    The company approved as a Certified Adviser may not own more than 10 percent of the shares or voting rights in a company to which they provides advice. In conjunction with the publication of the reports of unaudited annual earnings figures and semi-annual reports, Certified Advisers must provide the Exchange with information about their holdings in those companies to which they provide advice. An employee who is involved in the function as Certified Adviser to a company shall not be allowed to trade in the shares of that company. Find CA shareholdings under Resources below. 

    Nasdaq Listing Center

     

    All forms that are included in the application for a new listing on First North Growth Market must go through the Nasdaq Listing Center.

    Visit the Listing Center Find general forms related to a Nasdaq Nordic listing

     

    All forms that are included in the application for a new listing on First North Growth Market must go through the Nasdaq Listing Center.

    Visit the Listing Center -> Find general forms related to a Nasdaq Nordic listing ->
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    Welcome to the Nasdaq family.

    Who Can List

    Connections from the U.S. to Nordic Market

    Did you know that U.S. companies can also list on Nordic exchanges? Learn more about companies that have found a suitable home outside available U.S. markets.
     

    Explore U.S. Listings in Sweden ->

    Connect With Our Listings Team

    Get in touch

    Complete the form below to discuss listing your company on Nasdaq First North Growth Market.

    Resources

    Resource Center

    Your Next Step

    Nordic Main Market

    Our regulated market suited to companies that can adhere to the highest standards.

    Key Features

    • Quality Stamp
    • Visibility
    • Broader and International Investor Base
     

    Explore Listing on the Main Market ->

    Related Services

    First North Rules & Regulations

    The rules and regulations serve an important purpose to sustain confidence in the financial market, enable a common framework for listed companies and protect minority stakeholders such as retail investors.

    Nasdaq European Academy

    Training opportunities and information valuable for companies, members, investors and other market participants to help you grow and develop in our markets.
     

    Liquidity Enhancement

    A Liquidity Provider can help increase volume and improve the quality of trading in less-traded shares.

     

    Nasdaq First North Iceland is currently not categorized as an SME Growth Market.