Shape Robotics, a leading robotics company, is excited to announce its plans for an up-listing to the Nasdaq Copenhagen Main Market in 2023. This strategic move reflects the company’s growth and commitment to transparency and international financial standards.
One significant milestone in this process is Shape Robotics’ transition from the Danish Financial Statement Act to the International Financial Reporting Standards (IFRS). By adhering to these globally recognized standards, Shape Robotics ensures accurate and uniform financial reporting. The company is eager to release its Q3 2023 financial report, covering January to September, on November 14, 2023, in compliance with IFRS.
Moreover, Shape Robotics has been diligently working on the necessary documentation, procedures, and policies required for the up-listing. These preparations will undergo thorough review and approval from the Financial Supervisory Authority (FSA) and Nasdaq. The company remains confident in its original timeline and anticipates up-listing during Q4 2023, once all approvals are obtained.
Shape Robotics values its investors and aims to keep them informed every step of the way. Any changes to the timeline will be promptly communicated to the market. Investors and stakeholders can stay up to date by visiting the company’s investor page, where they can find a comprehensive financial calendar, governance practices, and the latest updates.
FAQs
1. What is Shape Robotics?
Shape Robotics is a leading robotics company that specializes in developing innovative robotic solutions for various industries.
2. What is the Nasdaq Copenhagen Main Market?
Nasdaq Copenhagen Main Market is a renowned stock exchange where companies can list their shares and trade publicly.
3. What are the International Financial Reporting Standards (IFRS)?
The International Financial Reporting Standards (IFRS) are a set of internationally recognized accounting standards that ensure consistency and comparability in financial reporting across countries.
4. How can investors stay informed about Shape Robotics?
Investors can visit Shape Robotics’ investor page to access a comprehensive financial calendar, governance practices, and the latest company updates.
5. When is Shape Robotics expected to up-list to Nasdaq Copenhagen?
Shape Robotics aims to up-list during Q4 2023, pending approval from the Financial Supervisory Authority (FSA) and Nasdaq.
Source: Shape Robotics – Update on Nasdaq Copenhagen Main Market Listing