The Disciplinary Committee of Nasdaq Stockholm (the “Exchange”) has found that Neovici Holding AB (publ) (the “Company”) has breached the rules of Nasdaq First North Growth Market (the “Rulebook”) and therefore ordered the Company to pay a fine of five annual fees, corresponding to an amount of SEK 667,525.
The Disciplinary Committee concludes that the Company has violated Article 17.1 of the EU Market Abuse Regulation and Section 4.1.1 of the Rulebook by issuing a press release on 9 May 2025 regarding a financing and cooperation agreement that was not drafted in a manner that enabled a complete and accurate assessment of the significance of the information. The Disciplinary Committee further concludes that the Company breached Section 4.3.1 and Section 4.5 of the Rulebook by publishing its 2024 annual report too late and by failing to update its financial calendar correctly.
The Disciplinary Committee considers the violations to be serious, and therefore a fine shall be imposed as a sanction. The Disciplinary Committee sets the fine at five annual fees.
The Disciplinary Committee’s decision is available at:
https://www.nasdaq.com/market-regulation/nordic/stockholm/disciplinary/decisions-sanctions
