NEXT Biometrics has applied to transfer its shares from Oslo Axess to the Oslo Stock Exchange main list, the company has announced.
It’s a sign of confidence and growth on company’s part. Oslo Axess is a regulated stock market designed to promote growth for smaller, pre-market companies; transferring shares to Norway’s main stock market, then, would represent a sort of graduation to mature market competition.
The move complements other recent developments indicative of NEXT’s potential. It just signed a new distributor for the Spanish market, for example; and the company also recently attracted the attention of Greenbridge Partners, a major investment firm based in Sweden. Moreover, NEXT has announced plans to demonstrate its technology at the upcoming Cartes 2015 conference, where it will place a particular focus on technology related to mPayment security – a growing market that appears to offer a wealth of opportunities for companies like NEXT Biometrics.
(Originally posted on FindBiometrics)