Affärsvärlden's IPO guide examines all Swedish stock exchange listings. In 2020, 47 companies were listed on the stock exchange. The IPO guide did not find a flag at Cessatech's listing and the company had the best price development of the two micro companies with zero flags. In the quality class, Danish Cessatech took home the award. Affärsvärlden did not raise any warning flags and recommended subscribing to the share listed on Spotlight in Denmark on 16 December. The share was oversubscribed 6 times over and after a good start, it is today about 75% higher.
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Comment from Jes Trygved, CEO of Cessatech: This is the second award this year, and we are truly proud and extremely happy for the recognition by Affärsvärlden, one of the leading business journals in the Nordics. Thanks to the team for the hard work related to the listing, and for staying on track with our development activities during an extremely difficult time with COVID19. As with children, the first years will often define their identity - I hope it will be the same for Cessatech.