Trading in Kempower shares has started on the Main Market of Nasdaq Helsinki
Trading in Kempower shares (ticker: KEMPOWR) has started today, Wednesday, June 12, 2024, on the Main Market of Nasdaq Helsinki. Kempower is a large cap company within Industrials. The company got listed on Nasdaq First North Growth Market Finland in December 2021 and has also received the Nasdaq Green Equity designation for its shares.
Kempower is the 131st company to transfer from Nasdaq First North Growth Market to Nasdaq Main Markets in the Nordics over the years. Kempower is the 9th company to list on Nasdaq’s Nordic markets1 in 2024, and it represents the first listing on Nasdaq Helsinki this year. It is the 16th company to transfer from Nasdaq First North Growth Market Finland to Nasdaq Helsinki Main Market over the years.
The aim of the listing is to enable Kempower to execute its growth strategy. In addition, Kempower expects that the listing would improve the liquidity of Kempower’s shares and provide additional visibility, which would improve Kempower’s recognition among the public and business partners and as an employer, and would thus enhance Kempower’s competitiveness.
“Now is the right time for Kempower to take the next step and move to the Official List of Nasdaq Helsinki. Kempower’s development and growth over the past five years has been exceptional, and this is a major milestone on that journey. We will continue to implement our growth strategy, which aims for Kempower to be in the global, top five position in DC charging across our main markets by the year 2030,” says Tomi Ristimäki, Kempower CEO.
“After having listed on Nasdaq First North Market Kempower has grown exceptionally fast, and we are pleased to see them now to take the leap from our First North Growth Market to the Main Market and directly to large cap market cap”, said Henrik Husman, President of Nasdaq Helsinki. ”We are pleased to provide them with the increased visibility and investor awareness that come with a listing on the Main Market. We are looking forward to following their path as a Main Market company.”
1Main markets and Nasdaq First North Growth Market at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Stockholm and Nasdaq Baltic.
About Kempower
We design and manufacture reliable and easy-to-use DC fast charging solutions for electric vehicles. Our vision is to create the world’s most desired electric vehicle charging solutions for everyone, everywhere. The development and production of our solutions are carried out in Finland and in the U.S. with the majority of the materials and components are sourced locally. We focus on all areas of e-Mobility, from electric cars, trucks and buses to special machinery and boats. Our modular and scalable charging system and world-class software are designed by EV drivers for EV drivers, providing the best user experience for our customers around the world.