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Digital manufacturing service supplier Shapeways has introduced its resolution to switch its itemizing to The Nasdaq World Market from the New York Inventory Trade.
The corporate expects its frequent inventory and warrants to checklist on Nasdaq on the open of enterprise on August 1, 2023, below the symbols “SHPW” and “SHPWW”.
Shapeways introduced its public itemizing by way of a merger with Galileo Acquisition Corp, a Particular Objective Acquisition Firm (SPAC), in April 2021.
“We’re excited to maneuver to Nasdaq and be a part of lots of the world’s main expertise firms as Shapeways continues to push the boundaries of digital manufacturing and software program options,” commented Greg Kress, CEO of Shapeways. “This transfer ought to enable us to profit from Nasdaq’s cost-effective providing, whereas additionally offering us with a platform to broaden our market presence, attain a broader investor base, and speed up our progress trajectory. This transition displays our dedication to innovation, buyer success, and shareholder worth creation.”
“We’re glad to welcome Shapeways to the Nasdaq household and look ahead to supporting their continued progress and concentrate on shareholder worth,” added Karen Snow, World Head of Listings at Nasdaq.
Shapeways has been buying and selling publicly for round two years, having construct its fame as a supplier of digital manufacturing capabilities, together with 3D printing. Applied sciences from Carbon, Desktop Steel, EOS and 3D Techniques are amongst Shapeways’ 3D printing providing.
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