Stockholm, July 7, 2017 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Urb-it AB’s shares (short name: URBIT) commenced today on Nasdaq First North in Stockholm. Urb-it belongs to the industrial sector and is the 70 th company to be admitted to trading on Nasdaq’s Nordic markets* in 2017.
Founded in 2014, Urb-it is a technology company that connects e-commerce and local shops. The company has developed a platform that allows customers to shop online from retailers’ web shops or in the Urb-it app, and receive their products immediately or at a set time that works best for them. Urb-it is headquartered in Stockholm, Sweden and its platform is currently available in Paris, London and Stockholm. For more information, please visit www.urb-it.com .
“We are very excited to join Nasdaq First North and are proud and humbled by the support of investors whom have trusted us to join our journey as a listed company,” said Fredrik Warstedt, CEO of Urb-it. “The listing gives us the opportunity to continue development of our service and being part of transforming the retail industry for years to come.”
“We welcome Urb-it to Nasdaq First North, where we continue to see a strong inflow of innovative technology companies,” said Adam Kostyál, SVP and Head of European listings at Nasdaq. “We congratulate Urb-it on its successful listing, and look forward to supporting the company with the increased visibility that comes with a Nasdaq First North listing.”
Urb-it AB has appointed Mangold Fondkommission 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.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq 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 89 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to 3,800 total listings with a market value of $11 trillion. To learn more, visit: http://business.nasdaq.com
Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for the regulated markets of Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd., Nasdaq Iceland hf., Nasdaq Riga, AS, Nasdaq Stockholm AB, Nasdaq Tallinn AS, AB Nasdaq Vilnius, Nasdaq Clearing AB and Nasdaq Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius .
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| Media Relations Contact: Erik Granström +46 8 405 78 07 erik.granstrom@nasdaq.com |
