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Smoltek Nanotech Holding AB: Smoltek's share now available for trading also in Germany and the US
This press release is an English version of the previously published Swedish version, which has interpretive precedence.
Smoltek Nanotech Holding AB (publ) ("Smoltek" or "the Company") announces that the company's shares are now available for trading on several international marketplaces in addition to the main listing on the Spotlight Stock Market in Sweden. Trading in Germany (EUR) and on the OTC in the USA (USD) has been initiated by the respective marketplace or market maker - and does not constitute an official secondary listing from Smoltek.
Smoltek's share can currently be traded in EUR on several German trading venues, including Frankfurt and Stuttgart under the ticker GY9, as well as via Lang & Schwarz and LS Exchange under the WKN A2JFPH. In the US, the share is traded on OTC Markets under the ticker SMLTF.
The international trading opportunities have been established by the respective marketplace and market participants, driven by demand, based on Smoltek's existing share. This means that the company has not carried out any new issue or secondary listing, without the share becoming available for trading in another currency outside Sweden.
- The fact that our share can now also be traded by investors in Germany and the US, in major currencies, is a natural step in Smoltek's development. It increases our international visibility and makes it easier for foreign partners and investors to follow and invest in the company, says Magnus Andersson, CEO of Smoltek.
The increased international availability can in the long term contribute to:
- greater international exposure for future commercial and industrial collaborations.
- a broader international investor base,
- increased liquidity in the share,
- improved price formation through more active market participants,
Smoltek operates in advanced nanotechnology with a focus on semiconductors and electrolyzers for green hydrogen. The company has customers, partners and business opportunities in a global market, and an internationally available share is considered to be a positive complement to the company's continued development.
Marketplaces for Smoltek's share
| Marketplace | Land | Ticker |
| Spotlight Stock Market | Sweden | SMOL |
| Frankfurt Stock Exchange | Germany | GY9 |
| Börse Stuttgart | Germany | GY9 |
| Lang & Schwarz | Germany | A2JFPH |
| LS Exchange | Germany | A2JFPH |
| OTC Markets | USA | SMLTF |
* Spotlight Stock Market is the company's official trading venue
For further information
Magnus Andersson, CEO of Smoltek Nanotech Holding AB
E-mail: [email protected]
Phone: +46 317 01 03 05
Website: www.smoltek.com/investors/en
Smoltek Nanotech Holding is a public technology company that provides a technology that enables the production of conductive nanostructures on various materials. The company's technology multiplies the actual surface area for electrical and chemical processes and can be used in several industrial sectors. Customers are found in semiconductors and the global process industry. The products that the company develops are used as infrastructure components for stable power supply to microchips as well as electrodes and coating of surface structures in applications for the production and use of fossil-free hydrogen. The company protects its carbon nanotechnology through an extensive patent portfolio. Smoltek's share is listed on the Spotlight Stock Market under the ticker symbol SMOL. Smoltek is a development company and forward-looking statements regarding time to market, production volume and price levels should be interpreted as forecasts and not commitments.