Nasdaq Stockholm welcomes QleanAir to the Nasdaq First North Premier Growth Market
Stockholm, December 12, 2019 – Nasdaq (Nasdaq: NDAQ) announces that the trading in QleanAir Holding AB’s shares (short name: QAIR) will commence today on the Nasdaq First North Premier Growth Market in Stockholm. QleanAir Holding (“QleanAir”) belongs to the industrial sector and is the 59th company to be admitted to trading on Nasdaq’s Nordic markets* in 2019.
QleanAir is a premium provider of clean air solutions for indoor environments. The company’s business model is based on lease contracts for modular solutions with a full-service offer. QleanAir solutions are developed using filter technology that traps, filters and recycles indoor air. QleanAir, headquartered in Stockholm, Sweden, has more than 2 500 customers and 8 100 module-based installations across EMEA, Americas and APAC.
“We have found our niche, the indoor environment. Good air quality will continue to be a key issue in the future. We help our customers resolve specific problems and improve the quality of indoor air and workplace by continuously developing new and superior solutions. We aim to continue to grow via close and long-term customer relationships,” said Andreas Göth, CEO of QleanAir. “To summarize, I have every reason to be optimistic about the future; our team, the combination of growth opportunities within Facility Solutions and Room Solutions together with stable growth and the cash-flow from Cabin Solutions that gives us a strong platform for the next step as a public company.”
”We welcome QleanAir to the Nasdaq First North Premier Growth Market,” said Adam Kostyál, SVP and Head of European Listings, Nasdaq. “QleanAir operates in the important clean tech sector and we look forward to supporting the company on its continued growth journey in the public market.”
QleanAir has appointed FNCA Sweden AB as the Certified Adviser.
*Main markets and the Nasdaq First North Growth Market at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm
About Nasdaq First North Growth Market
Nasdaq First North Growth Market is a registered SME growth market, as defined by the Directive on Markets in Financial Instruments (EU 2014/65). It does not have the legal status as an EU-regulated market. Listed companies are subject to the rules of Nasdaq First North Growth Market and not the legal requirements for admission to trading on a regulated market, such as the Nasdaq Nordic Main Market. The risk in such an investment may be higher than on the Main Market.
The Premier segment within Nasdaq First North Growth Market is designed to further assist companies in raising investor visibility and to prepare them for a Main Market listing. The Premier segment targets companies that make a conscious decision to comply with higher disclosure and accounting standards than imposed under the Nasdaq First North Growth Market rules.
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