Ortivus is applying to list its shares on the Nasdaq First North Growth Market.
The Board of Directors of Ortivus has decided to apply to Nasdaq to delist the company’s shares from Nasdaq Stockholm and, simultaneously, apply for listing on the Nasdaq First North Growth Market.
The company estimates that the process may take up to 30 days.
Following a transfer of listing, the company will continue to publish interim reports quarterly, which, as before, will be prepared in accordance with IFRS with the application of IAS 34.
Ortivus has a long history of operating in a public environment and thus communicating transparently with market participants, which the company will, of course, continue to do.
The company has appointed FNCA as Certified Adviser.
The Board’s decision to apply for a transfer of listing is part of the ongoing process of reviewing and implementing significant cost-saving measures within the Ortivus Group.
The Board assesses that listing the company’s shares on the Nasdaq First North Growth Market will reduce costs, both for the exchange itself and for auditing.