Yubico has been approved for listing on Nasdaq Stockholm
Nasdaq Stockholm's listing committee has made the assessment that Yubico AB ("Yubico" or the "Company") fulfils the listing requirements for admission of Yubico's shares to trading on Nasdaq Stockholm Main Market. The approval is subject to certain customary conditions, including the approval and registration of a prospectus by the Swedish Financial Supervisory Authority. The prospectus is expected to be approved by the Swedish Financial Supervisory Authority and published on the Company's website, investors.yubico.com, on Tuesday 3 December 2024. The first day of trading on Nasdaq Stockholm is scheduled for Thursday 5 December 2024 and the last day of trading on Nasdaq First North Growth Market ("First North") is scheduled for Wednesday 4 December 2024.
Yubico's shares will be traded in the Large Cap segment under the same ticker (YUBICO) and the same ISIN code (SE0015657788). There will not be any offer or issue of new shares in connection with the transfer to Nasdaq Stockholm and shareholders of Yubico will not need to take any action in connection therewith.
Yubico's board of directors and executive management believe that the transfer from First North to Nasdaq Stockholm is a natural step in the Company's continued growth journey as a global cybersecurity company and ambition to continue to create shareholder value by increasing opportunities to retain and attract key employees, customers and partners, as well as to broaden the investor base and provide opportunities for increased institutional and international ownership. The quality indication which a listing on Nasdaq Stockholm implies is expected to have a positive effect on the business in relation to customers, shareholders, and other stakeholders.
"The listing of our shares on Nasdaq Stockholm's main market is a significant milestone in Yubico’s journey as a global leader in secure authentication. This step confirms our strong foundation, demonstrates our ability to combine innovation with robust processes, and opens up new opportunities to grow and evolve, enabling us to better support our customers and partners worldwide", says Mattias Danielsson, CEO of Yubico.
Advokatfirman Cederquist is the legal advisor to Yubico in connection with the listing on Nasdaq Stockholm.