The Board of Directors for Paradox Interactive AB (the "Company" or "Paradox") has today applied for admission to trading of the Company's shares on Nasdaq Stockholm Main Market.
Since our listing on Nasdaq First North Growth Market in 2016, we have tripled both revenue and monthly active users. We have a strong foundation to build from and a listing on Nasdaq Stockholm Main Market is a natural step in Paradox's journey. It would strengthen the company's position on the capital markets and provide more options for us, says Fredrik Wester, CEO of Paradox.
A listing on Nasdaq Stockholm is subject to the exchange's approval of the Company's application. If the application is approved, the Company intends to complete the change of listing during 2026. Paradox will provide additional information once Nasdaq Stockholm has announced its decision.
Shareholders of Paradox do not need to take any action in relation to the change of listing. The Company's shares will be traded with an unchanged ticker symbol and ISIN code. No new shares will be issued in connection with a change of listing.