The seventh transfer on Oslo Børs in 2022
Market capitalisation of NOK 661 million
Oslo – 24 June 2022 – Oslo Børs, the Norwegian stock exchange part of the Euronext Group, today congratulates the tech company Airthings (ticker: AIRX) on its transfer from Euronext Growth Oslo to the Oslo Børs main market. The company was admitted to trading on Euronext Growth Oslo in October 2020, and with the transfer there are 210 companies listed on the main market.
Airthings is a global leader in indoor air quality solutions for consumers, businesses, public sector and professionals. The company was established in 2008, with a common goal to educate on the prevalence of radon, as well as other contaminants, in indoor air, and to develop accessible technology solutions to help people stay healthy.
At opening the share price of Airthings was set at NOK 3.8 per share, based on its closing price on Euronext Growth Oslo on 23 June 2022. This corresponds to a total estimated value of the company of approximately NOK 661 million.
Øyvind Birkenes, CEO of Airthings, said: “Airthings achieves another milestone today, joining the main list at the Oslo Børs as a Norwegian-born, global leader in indoor air quality. We believe this will enable us to access a broader base of international and institutional investors and allow us to demonstrate our value proposition as the global leading air quality company to a wider audience.”
Airthings is a global technology company and producer of award-winning radon and indoor air quality monitors for homeowners, businesses, and professionals. Founded in 2008, Airthings is on a mission to ensure that people around the world recognise the impact of indoor air quality and take control of their health through simple, affordable, and accurate technology solutions while optimising energy consumption in buildings. Airthings’ products have made radon detection and indoor air quality monitoring easy to deploy, accurate, and user friendly, and have received several accolades including the TIME's Best Inventions award and CES Innovation Award Honors. Headquartered in the heart of Oslo, Norway, and with offices in the US and Sweden the company has over 140 employees from more than 35 nationalities – and counting. To see the full range of Airthings indoor air quality monitors and radon detectors or to learn more about the importance of continuous air quality monitoring, please visit airthings.com