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PHOTOCAT has today applied for a transfer of its trading venue from Nasdaq First North Growth Market to Spotlight Stock Market.
Globenewswireยท 2025-07-18 15:00
Core Viewpoint - Photocat is applying to transfer its trading venue from Nasdaq First North Growth Market to Spotlight Stock Market to optimize its listing environment and enhance shareholder value [1][3]. Group 1: Strategic Decision - The transfer to Spotlight Stock Market is a strategic move aimed at providing financial benefits and a more tailored platform for Photocat's growth trajectory [1][2]. - The Board of Directors has thoroughly evaluated the decision and believes that Spotlight is the ideal platform for the company's next growth phase [3]. Group 2: Financial Advantages - Listing on Spotlight Stock Market is part of a cost-saving program to strengthen the company's financial position [4]. - Spotlight Stock Market offers enhanced liquidity potential and dedicated support for growth companies, which is attractive for Photocat [2][4]. Group 3: Company Background - Photocat is a leader in sustainable solutions, focusing on photocatalysis to improve air quality [5]. - The company's shares are currently listed on Nasdaq Stockholm, First North, under the ticker symbol PCAT [5].