Eco Wave Power Announces Nasdaq First North Delisting and Last Day of Trading as Part of U.S. Focus
STOCKHOLM, May 30, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE, Nasdaq First North: ECOWVE) ("Eco Wave Power" or the "Company"), a leader in the production of clean electricity from ocean and sea waves, today announced that Nasdaq First North Growth Market Sweden ("Nasdaq First North") has accepted the Company's application to delist its common shares. As a result, from June 14, 2022, Eco Wave Power's only listed securities will be its American Depositary Shares ("ADSs") which trade on the Nasdaq Capital Market under the ticker "WAVE".
- Eco Wave Power's mission is to assist in the fight against climate change by enabling commercial power production from the ocean and sea waves.
- Eco Wave Power received funding from the European Union Regional Development Fund, Innovate UK and the European Commission's Horizon 2020 framework program.
- Eco Wave Power's common shares (ECOWVE) are traded on Nasdaq First North and its ADSs (WAVE) are traded on the Nasdaq Capital Market.
- Eco Wave Power Global AB (publ) ("Eco Wave") has submitted an application to delist its common shares from Nasdaq First North Growth Market ("Nasdaq First North").