NCTE AG: Planned listing on the Open Market of the Börse München (m:access) on October 10, 2023
- Technology company sets course for growth
- Positive decision of Munich Stock Exchange’s Open Market Committee shows confidence in future prospects of NCTE AG
- Listing will strengthen the company’s market visibility and enable investors to actively trade shares
Oberhaching, 05.10.2023 – The shares of NCTE AG are to be listed on the Open Market of the Munich Stock Exchange (m:access). The first trading day is planned for October 10, 2023. The IPO marks the beginning of a new chapter in the history of the technology company, which is setting the course for further growth.
After the application for admission to the Open Market was submitted to the Munich Stock Exchange on September 14, 2023, the management presented NCTE AG’s strategic goals and long-term vision to the Open Market Committee of the Munich Stock Exchange yesterday. The positive decision of the Open Market Committee of the Munich Stock Exchange demonstrates the confidence in the future prospects and growth potential of NCTE AG.
IPO promotes continued successful development
With the planned listing of the NCTE shares, a first price is expected on October 10, 2023. The listing will further strengthen the market visibility of the company and enable investors to actively trade the shares of NCTE AG. The aim is to enable capital increases in the long term and to secure the company’s financing for its further growth strategy.
NCTE develops and sells sensor systems in markets such as e-bikes, agricultural technology, automation, robotics, mechanical and vehicle engineering, medical technology and even motor sports. With the help of magnetic fields, the patented technology measures variables such as torque, force, shear, speed or bending in a non-contact, maintenance-free and long-term stable manner under the most difficult conditions.
Further information on NCTE AG is available at https://ncte.com/unternehmen/ir/.