NEXT Biometrics to Make Bors Debut Next Week

NEXT Biometrics‘ application to graduate to Norway’s main stock exchange has been approved, and the company is set to make its debut on the Bors on December 17th. Having started out on Oslo Axess, a regulated market designed to foster growth for startups, its move to the Bors signals a certain level of maturity on the company’s part.

In a press release announcing the move, NEXT CEO Tore Etholm-Idsoe framed the move as a means of gaining access to the wider financial community, suggesting it will result in “broader appeal to shareholders,” and that it could open doors to “capital raising opportunities to fund growth”.

The company will launch a media charm offensive as it makes its Bors debut. Etholm-Idsoe will ring the bell marking the start of the trading day, and also plans to hold a press conference aimed at business media outlets and related financial analysts.

The move should further boost NEXT’s profile after its showing at the Cartes Secure Connexions event last month; and given that it has recently attracted some high-profile investment, NEXT may be able to pick up further momentum among the financial community as it joins the Bors.

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December 9, 2015 – by Alex Perala

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