Synexo Group AB has received conditional approval for continued listing on NGM Nordic SME.
Synexo Group AB ("Synexo" or the "Company") is currently under observation status on NGM Nordic SME following the Company's completion of a reverse acquisition of Backupbuddy AS and Backup Tanken AS. The reverse acquisition constitutes a significant change in the Company's operations pursuant to Section 3.2 of the Nordic Growth Market ("NGM") Rulebook for Nordic SME. Accordingly, the Company has undergone a new listing review and has now received conditional approval for continued listing on NGM Nordic SME.
Synexo is a Nordic group specializing in data security, backup, and disaster recovery, formed through the merger of Backupbuddy AS and Backup Tanken AS. By combining two established providers with access to data centres in Norway and Sweden, Synexo has created a platform with a strong local presence. The Company delivers cloud-based backup and recovery services through an extensive partner network of IT resellers and system integrators, with a particular focus on the healthcare sector, the public sector, and small and medium-sized enterprises.
NGM's listing decision is conditional upon (i) the Company publishing an information memorandum and (ii) no new information arising that would affect the Company's fulfilment of the listing requirements.
The Company's observation status will remain in place until all conditions for the listing decision have been fulfilled.
For more information about Synexo, please visit www.synexo.group.
For further information, please contact:
Listing Department, Nordic Growth Market
notering@ngm.se
Carl-Henrik Nordberg, Head of Equity, Nordic Growth Market
carl-henrik.nordberg@ngm.se