NASDAQ OMX Welcomes myFC to First North

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| Source: Nasdaq Nordic

Stockholm, May 27, 2014 — NASDAQ OMX (NASDAQ: NDAQ) announces that the trading in myFC Holding AB (MYFC) shares commenced today on First North at NASDAQ OMX Stockholm. myFC belongs to the Utilities sector and is the 14th company to be admitted to trading on First North’s Nordic markets (Stockholm, Helsinki, Copenhagen and Iceland) in 2014.

myFC is a Swedish fuel cell technology company that develops and markets innovative solutions for powering portable electronics, anywhere, anytime and independent of the grid. myFC has numerous key patents that protects the unique fuel cell design. myFC sells the PowerTrekk fuel cell charger in 24 countries around the world.

“I am proud to take myFC to Nasdaq OMX First North,” says Björn Westerholm, CEO at myFC. “For us Nasdaq OMX First North offers a marketplace for our more than 5000 shareholders, as well as an attractive way to access funding should we need money to accelerate our growth. Being listed is also an important sign towards present and future customers, partners and employees that myFC is a strong company.”

“We welcome myFC to First North and to our Utilities sector,” said Adam Kostyal, Senior Vice President at NASDAQ OMX. “First North continues to be successful in attracting entrepreneurial and innovative companies and myFC’s listing today is a perfect example of just that. We look forward to supporting myFC with the increased investor exposure that comes with being a publically traded company.”

myFC Holding AB is using Remium Nordic AB as Certified Adviser.

To view an interview from today’s listing ceremony click here.
 

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About First North

First North is regulated as a multilateral trading facility, operated by the different exchanges within NASDAQ OMX Nordic. 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.

 

About NASDAQ OMX Group

NASDAQ OMX (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,400 listed companies with a market value of over $8.5 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com.  

 

Cautionary Note Regarding Forward-Looking Statements

Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties.  NASDAQ OMX cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information.  Such forward-looking statements include, but are not limited to, statements about our capital return initiatives.  Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX’s control.  These factors include, but are not limited to, NASDAQ OMX’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, U.S. and global competition, and other factors detailed in NASDAQ OMX’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on NASDAQ OMX’s website at http://www.nasdaqomx.com and the SEC’s website at www.sec.gov.  NASDAQ OMX undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

 

 

Media Relations Contact:
Carl Norell
+46 8 405 6639
carl.norell@nasdaqomx.com