Trading with Nordic ID Oyj’s shares has commenced on Nasdaq First North
Today, Nov. 30th, the trading of Nordic ID’s shares commences on the Nasdaq First North- marketplace (NORDID). It is the beginning of a new era for Nordic ID, as well as the closing of a chapter in the history of Nordic ID.
CEO Juha Reima comments: “We are extremely delighted that our ownership base grew by 960 new private investors and a strong institutional investor. Especially, the private investors’ trust in our industry, company and strategy is promising. The IPO enables us to implement the next stage of our strategy as well as supports the achievement of our growth target. We wish to thank all those who participated in our IPO and bid all our new shareholders welcome to Nordic ID.”
The IPO enables Nordic ID to implement the next step of the ambitious growth strategy. One of the corner stones of the strategy is the Service & Solutions business, which will now be strengthened by for instance recruitment and development of new solutions built on the Nordic ID Radea-platform.
“The paradigm change of the strategy that we have been implementing in order to become a services and solutions provider instead of being a hardware provider only has shown positive signs. It allows us to offer more comprehensive solutions to our customers and partners. I am very confident that this will also have a major impact on growth in the years to come”, says Juha Reima. “Our competitive advantage today and in the future stems from our innovativeness, ability and courage to develop solutions that support digitalization of our customers’ businesses.”