NASDAQ OMX (NASDAQ: NDAQ) announces that the trading in Brighter AB (BRIG) shares commenced today on First North at NASDAQ OMX Stockholm. Brighter was previously listed at Aktietorget. Brighter belongs to the Healthcare sector and is the third new company to be admitted to trading on First North’s Nordic markets (Stockholm, Helsinki, Copenhagen and Iceland) in 2014.
Brighter develops and commercializes innovative solutions for diabetes self-care. Brighter One™ is a patented solution from Brighter which gives the company exclusive rights to produce the world's first handheld device that reduces the number of items a diabetic needs to carry along from five to one.
“Today we start a new phase where we, after having brought in new strategically important investors into the shareholder base and raised over SEK 35 million from new and existing shareholders, make our share accessible to a larger group of investors by moving to First North,” says Brighter's CEO Truls Sjöstedt. “We will now put all our time and efforts into our solution to provide an easier everyday life for millions of diabetics all over the world.”
“We are excited to welcome Brighter to First North and to our healthcare sector,” said Adam Kostyal, Senior Vice President at NASDAQ OMX. “Right now we are seeing a lot of interest for the public markets among biotech and medtech companies. Brighter’s decision to move its listing to our First North market underlines this trend and we hope that more companies will follow their example.”