TerraNet Holding AB (”TerraNet”) has entered into an agreement with Mangold Fondkommission AB (Mangold) whereby Mangold will replace ABG Sundal Collier and act as liquidity provider for the TerraNet share on Nasdaq First North Premier Growth Market. The purpose of the liquidity provider is to improve the liquidity of the share and decrease the spread between the ask and bid price. Mangold’s assignment commences on October 1, 2020.
In its assignment as liquidity provider, Mangold will facilitate trade in the TerraNet share by continuously maintaining both ask and bid orders in the order book. The purpose is to ensure a more accurate share price, which leads to a more accurate company valuation and improves the trading volume of the share.
For more information please contact:
Pär-Olof Johannesson, CEO
+46 70 332 32 62
Mattias Larsson, CFO
+46 72 709 56 01
TerraNet has a strategic focus in active safety and develops software for radio-based solutions, as well as three-dimensional image analysis for advanced driver support and self-driving vehicles (ADAS and AV). TerraNet is headquartered in Lund, Sweden with established sales and marketing agents in the United States and Germany. TerraNet Holding AB (publ) is listed on Nasdaq First North Premier Growth Market (Nasdaq: TERRNT-B.ST). Learn more at https://terranet.se.
Certified Adviser: Mangold Fondkommission AB, 08-503 015 50, [email protected].
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