SmartCraft ASA Initiates Process to Explore Relisting on Nasdaq Stockholm

In a strategic move that underscores its commitment to aligning with its primary market, SmartCraft ASA has initiated a process to explore the potential relisting of its shares on Nasdaq Stockholm. This decision, announced on June 16, 2025, reflects the company’s recognition of Sweden as its largest market and the robust investor focus on Software as a Service (SaaS) companies at the Stockholm exchange.

SmartCraft ASA, a Norwegian company listed on the Oslo Bors ASA, has seen its shares fluctuate over the past year, with a 52-week high of 35 NOK on November 17, 2024, and a low of 21.9 NOK on May 7, 2025. As of June 12, 2025, the close price stood at 25.3 NOK, with a market capitalization of 34.11 billion NOK. The company’s price-to-earnings ratio is currently 44.1, indicating investor expectations of future growth.

The decision to consider a move to Nasdaq Stockholm comes after SmartCraft’s initial listing on the Oslo Bors on June 24, 2021. The company’s leadership believes that the Stockholm exchange’s strong focus on SaaS companies could provide a more favorable environment for SmartCraft’s growth and investor engagement. The company has committed to providing further updates as the evaluation process progresses.

This potential shift is part of a broader trend among SaaS companies seeking to optimize their market presence and investor relations. By aligning with a market that has a significant concentration of its customer base, SmartCraft aims to enhance its visibility and appeal to investors who are increasingly focused on the SaaS sector.

As SmartCraft continues to evaluate this strategic move, stakeholders are keenly watching for developments that could impact the company’s future trajectory. The decision to explore a relisting on Nasdaq Stockholm highlights SmartCraft’s proactive approach to leveraging market dynamics to support its growth ambitions.