Nasdaq First North, part of Nasdaq European Markets and a marketplace for growth companies, has already passed several important milestones in its 17-year history. Following the model established by London’s Alternative Investment Market, First North applies more flexible listings rules to enable smaller companies to access the public markets without facing the same requirements that a Main Market listing would entail.
Launched in 2005, it includes listings on the Stockholm, Copenhagen, Helsinki and Iceland exchanges. And in 2009 it launched its Premier Market segment, designed as a stepping stone towards a Main Market listing, with higher disclosure and accounting standards than the usual First North requirements. In 2021, it hit the landmark of more than 100 companies making the jump from the First North Growth Market to a Main Market listing. That tally is now 109.
