Today is the first day of trading in BPC Instruments AB (“BPC Instruments”) shares. BPC Instruments shares are traded under the ticker “BPCINS” with ISIN SE0017130826.
Prior to the listing at Spotlight Stock Market, BPC Instruments has conducted a successful IPO which has provided the company with approx. SEK 15 million (before issue costs) and approx. 400 new shareholders. The issue proceeds will primarily finance the business expansion in the US and China, acceleration of new product development including next generation of flagship apparatus and strengthen cash buffer to support the growth of business operations.
CEO Jing Liu comments
”BPC Instruments has developed and sold automated, analytical instruments that allow for more efficient, reliable, and higher quality of research and analysis in biogas sector over 15 years. The listing of BPC Instruments is a major milestone in our business strategy to accelerate our market penetration and business growth in both existing biogas and new biotechnology sectors. Now, putting on a new suit as a listed company, we will be capable to grab hold of the momentum we are experiencing and going even broader with our products into new markets – both globally and vertical-wise. We are grateful for the strong interest from investors both in our IPO and in the bioanalysis market. This certainly motivates us to implement and accelerate our growth strategy.”
Financial advisor, legal advisor and issuing agent
Sedermera Fondkommission has been the financial advisor of BPC Instruments in connection with the capitalization and listing. Markets & Corporate Law has been the legal advisor. Nordic Issuing has acted as issuing agent.
About BPC Instruments AB
BPC Instruments’ products offer better quality and features in both hardware and software, and the Company has a deep level of knowledge and know-how on target applications. The solutions of BPC Instruments are the first of their kind, making the Company a pioneer in its field. The Board and the management in BPC Instruments estimate that the Company’s current share of the global market of feedstock quality analysis in biogas production equals approx. 90 percent.