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SmartCraft ASA Class A ( (DE:9YK) ) has provided an announcement.
SmartCraft Group AB has received confirmation from Nasdaq Stockholm that it meets the requirements for listing, clearing the way for a planned relisting of its shares from Oslo Børs to the Swedish exchange, subject to customary conditions including prospectus approval and shareholder distribution. The move will be executed via a cross-border merger with SmartCraft ASA, under which existing shareholders will see their Oslo-listed shares exchanged one-for-one for shares in the Swedish entity.
To satisfy Nasdaq Stockholm’s distribution criteria, SmartCraft plans a small public share issue in Sweden of up to 1 million shares, with proceeds deemed immaterial and earmarked for general corporate purposes rather than strategic funding. Trading in SmartCraft ASA shares on Oslo Børs is expected to end on 19 March 2026, with trading on Nasdaq Stockholm to begin on 24 March 2026, a shift that is poised to broaden the company’s Swedish investor base and align its listing with a key market for its construction-focused SaaS offering.
More about SmartCraft ASA Class A
SmartCraft is a leading Nordic provider of mission-critical software-as-a-service solutions for small and medium-sized enterprises in the construction sector, focused on improving productivity, margins and resource efficiency. The group serves more than 14,100 customers and employs around 270 people across Norway, Sweden, Finland and the UK, having first listed its shares on the Oslo Stock Exchange in June 2021.
Average Trading Volume: 92,953
Current Market Cap: NOK3.04B
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