Stockholm, October 23 2013 — NASDAQ OMX (NASDAQ: NDAQ) announces that the trading in Mindmancer AB (MIND) shares will commence today on First North at NASDAQ OMX Stockholm. Mindmancer belongs to the Technology sector and is the 13th company to be admitted to trading on First North in 2013.
Mindmancer is one of the leading providers of intelligent camera surveillance in the Swedish and Nordic markets. Sprung from research at Chalmers Technical University in Sweden, Mindmancer’s technology focuses on surveillance of buildings, properties and schools. The company has operations in Sweden, Finland, Norway, Denmark and Poland, as well as delivery to the U.S. and other parts of Europe.
“Today’s listing represents a milestone in Mindmancer’s history and we are of course thrilled that the IPO was oversubscribed by as much as 260 percent,” said Johnny Berlic, CEO of Mindmancer. “The strong interest in our IPO proves that our business model is well received by the market, but also that the public market truly is a sustainable alternative for young and innovative companies.”
“We welcome Mindmancer to NASDAQ OMX First North where they will trade on one of Europe’s most liquid growth markets,” said Adam Kostyal, Senior Vice President and head of European listings at NASDAQ OMX. “Mindmancer is one of many entrepreneurial firms that have chosen to list at First North, where we continue to see a steady inflow of new and exciting companies that are looking to raise capital in the public market.”
Mindmancer has appointed Remium Nordic AB as Certified Adviser.
To view a CEO interview from the Mindmancer listing ceremony click here.
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