Providing lights for heavy duty machines Nordic Lights says that its initial public offering has ended. Trading in the company’s shares is estimated to start on the Helsinki Stock Exchange’s First North market on Tuesday, July 5.
According to the company, the public offering and personnel offering ended today in accordance with the terms and conditions when the subscription period expired. The subscription period for the institutional issue could have continued until next Tuesday, but it was also suspended today after the issue was oversubscribed.
The company is scheduled to announce the results of its initial public offering in more detail on Monday, July 4.
Therefore, it is possible to get a new company on the stock exchange. Of the companies that have recently tried to go public, as well as Nordec that Medicortex had to cancel their listing with chalk lines.