Modelon engages Pareto Securities as Market maker

MFN Publicerad: 23 Feb 2023 11:00

Modelon AB (publ) has entered into an agreement with Pareto Securities AB regarding market making. Pareto will start as market maker on March 1, 2023.

The market maker commitment is provided in accordance with the rules for market making on Nasdaq First North Growth Market. This means that Pareto Securities, through their role as market maker, acts as a guarantor that there are buy and sell prices and a guaranteed available volume in the share of at least SEK 20,000 on each side with a spread of no more than 4 percent between the purchase and sale price. The goal is to reduce the volatility of the share.

About Modelon

Modelon offers systems modeling and simulation software that accelerates product innovation, development and operations in a range of industries. Modelon’s flagship product, Modelon Impact, is a cloud-native system simulation software platform featuring a collaborative browser-based interface and thousands of proven models and components spanning a broad range of applications. Headquartered in Lund, Sweden, and with global reach, Modelon is an expert industry leader in model-based systems engineering with a focus on leveraging open standard technologies.
Modelon AB is listed on Nasdaq First North Growth Market with ticker symbol MODEL B. Redeye AB is appointed the Company’s Certified Adviser.

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