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SmartCraft Wins Shareholder Backing for Nasdaq Stockholm Relisting

Story Highlights
  • SmartCraft ASA will merge with SmartCraft Group AB and relist solely on Nasdaq Stockholm.
  • The relisting aims to reposition SmartCraft in Nordic capital markets and support its regional growth focus.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SmartCraft Wins Shareholder Backing for Nasdaq Stockholm Relisting

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SmartCraft ASA Class A ( (DE:9YK) ) has issued an announcement.

SmartCraft ASA has confirmed that shareholders’ approval of its cross-border merger with SmartCraft Group AB will pave the way for a planned relisting of the company’s shares exclusively on Nasdaq Stockholm, where investors’ current SmartCraft ASA shares will be exchanged for shares in the Swedish entity. The move, supported by practical guidance for shareholders now published on the company’s website, signals a strategic shift in SmartCraft’s capital market presence towards Sweden, potentially increasing its visibility among Nordic tech and construction-software investors and aligning its listing with its core regional growth ambitions.

More about SmartCraft ASA Class A

SmartCraft ASA is a leading Nordic provider of mission-critical software-as-a-service solutions for small and medium-sized enterprises in the construction sector, offering tools that enhance 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, and has been listed on the Oslo Stock Exchange since June 2021.

Average Trading Volume: 94,600

Current Market Cap: NOK4.32B

Learn more about 9YK stock on TipRanks’ Stock Analysis page.

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