Ræder has advised TECO 2030 ASA on OTCQB Listing

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articleCreated with Sketch.2. July 2021

Ræder has assisted TECO 2030 ASA and served as the company’s OTC Sponsor on their recent OTCQB Listing

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TECO 2030 ASA is a Norwegian company that is working to make international shipping better for both the climate and the environment. The company is doing this by developing new technology that can help reduce emissions and pollution from ships, such as hydrogen fuel cells and carbon capture solutions. The company maintains a primary listing on the Euronext Growth Market Oslo but as of  30 June 2021 their shares are also trading on the OTCQB Venture Market.

Chief Executive Officer of TECO 2030 ASA, Tore Enger says “We are delighted to be secondary trading on the OTCQB Venture Market, as this will give U.S.-based investors increased access to our shares and expand our financial flexibility through exposure in a broader marketplace,”

'Ræders team are always available and easy to work with. They have a sound commercial approach, good knowledge about the OTC rules and regulations and provided clear practical advice throughout the process turning complex issues into workable action points' says Chief Financial Officer at TECO 2030 ASA Pål Christian Johnsen. Ræders’s team consisted of Carl Garmann Clausen and Erik Aasland.

US Corporate Desk

Advokatfirmaet Ræder regularly advises national and international clients across industries with transactions - often across national borders. Our lawyers have extensive experience advising listed companies in the technology sector. Several of our lawyers have acquired significant expertise from abroad, two of them duly qualified as New York attorneys, and Ræder is often the preferred advisor on cross border deals.

Q&A OTC Markets

Advokatfirmaet Raeder is an approved OTC Markets Sponsor and assists clients who wish to cross-trade in the United States with listings on the OTCQX and OTCQB stock markets. Find out more about OTC Markets, F Shares, OTCQX and OTCQB.

 

 

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