NASDAQ OMX (NASDAQ:NDAQ) announced that G5 Entertainment AB (short name: G5EN), a Small Cap company within the Technology sector, has started trading of its shares on the main market of NASDAQ OMX Stockholm. G5 Entertainment was previously listed at Aktietorget and is, including switches, the eleventh company to list at NASDAQ OMX’s Nordic main markets in 2014 (NASDAQ OMX Stockholm; Helsinki; Copenhagen; and Iceland).
Founded in 2001, G5 Entertainment Group is a developer and publisher of high quality downloadable games for iPhone, iPad, Android, Mac, Kindle Fire, and Nook tablets. G5 develops and publishes games that are family-friendly, easy to learn, and targeted at the widest audience of experienced and novice players. G5 owns a number of popular game franchises like Virtual City, Special Enquiry Detail, Supermarket Mania, Stand O'Food, and Mahjongg Artifacts, and invests in creating new games and bringing established franchises to new gaming platforms.
"We are excited to be on NASDAQ OMX Stockholm,” said Vlad Suglobov, CEO of G5 Entertainment. “G5 has millions of players around the world, and we are happy to finally make G5 shares available to investors worldwide. A listing on NASDAQ OMX Stockholm will also increase opportunities for institutional investors to invest in G5 Entertainment and create better liquidity in the share. It is also a further seal of approval for the company in terms of its operations and information disclosures."
”We welcome G5 Entertainment to NASDAQ OMX Stockholm and to our Technology sector where we continue to see an inflow of new exciting companies,” said Adam Kostyal, Senior Vice President at NASDAQ OMX. “We look forward to supporting G5 Entertainment with the increased investor exposure that comes with being a main market company.”