OREANDA-NEWS. Nasdaq (Nasdaq: NDAQ) announces that the shares of HansaMatrix (short name: HMX1R), a Latvian high-technology company, will be listed on the Nasdaq Baltic Main List by Nasdaq Riga as of July 12, 2016.

HansaMatrix is an innovator and integrated solution high-tech company, offering product design, industrialization and complete manufacturing services in data networking, internet of things, industrial and other high added value business segments. HansaMatrix opened its first manufacturing plant in June, 2001, at the moment it runs two manufacturing plants employing over 350 people.

“We are pleased to welcome HansaMatrix to the Baltic Main Market, where new investors and existing shareholders can take part in the company’s growth story,” said Daiga Auzi?a-Melalksne, Head of Nasdaq Baltic Exchange Services and Head of Nasdaq Riga. “High-growth small and medium sized companies are the backbone of our economic growth and job creation, and it is extremely important to support them with appropriate funding. We believe that successful listing on the Nasdaq Baltic Market will help HansaMatrix to grow into a renowned company and will serve as a role model for other Baltic SMEs”.

„It is a proud and exciting moment for me, after founding this company over 15 years ago. Listing the company and attracting capital provide us additional visibility and broader possibilities to develop the company further. The capital raising process has given us invaluable feedback from investors and I look forward to working together with our new shareholders,” said Ilm?rs Osmanis, CEO of HansaMatrix.

The share listing of HansaMatrix comes after the company’s recent private placement of new and existing shares to various investors, including a number of Baltic pension funds. After the most recent capital increase, HansaMatrix’s share capital consists of 1,829,381 ordinary shares with a nominal value of EUR 1 per share. All the shares will be listed on the Nasdaq Baltic Main List.