MAQS legal advisor to PowerCell in its change of listing venue to Nasdaq Stockholm

PowerCell has completed a listing change from Nasdaq First North Growth Market to the main list of Nasdaq Stockholm. The first trading day on Nasdaq Stockholm was December 18, 2023. PowerCells shares are traded in the Mid Cap segment.

PowerCell is a world leader in hydrogen electric solutions with unique fuel cell stacks and systems that contribute to an emission-free world. Since listing on the Nasdaq First North Growth Market Stockholm in 2014, PowerCell has had strong annual growth and an increasing gross margin.

- The listing on Nasdaq Stockholm is an important step in our growth journey and shows that PowerCell's business is maturing at the same time as the entire industry is being commercialized. The market for hydrogen electric solutions is developing at a rapid pace, driven by the transition to electrification and emission-free solutions, says Richard Berkling, CEO of PowerCell Group.

MAQS Advokatbyrå acted as legal advisor to PoweCell in connection with the listing change to Nasdaq Stockholm. The MAQS team consisted of Eric Ehrencrona, Fredrik Brusberg, Anna Björk Larson, Julia Hamfeldt, Marcus Resvik, and Märta Willner.