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Nasdaq Stockholm Welcomes Starbreeze to the Main Market(October 02, 2017)
Stockholm, October 2, 2017 — Nasdaq (Nasdaq: NDAQ) announced that Starbreeze AB (short name: STAR A, STAR B), a mid company within the technology sector, has started trading of its shares on the main market of Nasdaq Stockholm. Starbreeze was previously listed on Nasdaq First North Premier and is the 80th company to list at Nasdaq’s Nordic markets* in 2017.
Founded in 1998, Starbreeze is a global computer and video game company whose vision is to be a leading provider in the entertainment industry by creating world-class experiences. With studios in Stockholm, Paris, Los Angeles, Barcelona, Brussels and India, Starbreeze develops high-quality entertainment products based on proprietary and third-party rights, both in-house and in partnership with external game developers. Operations are organized in three business areas: Starbreeze Games for own games, Publishing, and VR Tech for technology development, including the StarVR venture. For more information, please visit www.starbreeze.com.
“The switch to Nasdaq Stockholm is an important milestone for Starbreeze and the result of a goal-oriented effort,” said Bo Klint Andersson, CEO of Starbreeze. “Starbreeze has had an amazing journey since 2014 when we were listed on First North Premier. Having previously operated only as a game developer working with external game publishers, we now own our internal product development and run a successful publishing business with externally developed games to broaden our portfolio. We’ve also expanded the business ventures in the Virtual Reality (VR) segment including the development of the StarVR head mounted display and by taking a stake in the location based VR market. Starbreeze is well-positioned for continued development towards becoming a leading provider of world-class experiences in the global entertainment industry.”
“We welcome Starbreeze to the Nasdaq Stockholm main market,” said Adam Kostyál, SVP and Head of European listings at Nasdaq. “We are excited to see yet another company grow and transfer from Nasdaq First North Premier to the main market, and we look forward to supporting Starbreeze for many more years to come.”
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 89 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to 3,800 total listings with a market value of $11 trillion. To learn more, visit: http://business.nasdaq.com
Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for the regulated markets of Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd., Nasdaq Iceland hf., Nasdaq Riga, AS, Nasdaq Stockholm AB, Nasdaq Tallinn AS, AB Nasdaq Vilnius, Nasdaq Clearing AB and Nasdaq Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about Nasdaq and its products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq's control. These factors include, but are not limited to factors detailed in Nasdaq's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
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