Marlow: Moorcrofts advises Flexion Mobile on NASDAQ listing
Moorcrofts LLP has advised Flexion Mobile plc on the company’s re-registration as a public company and its listing on the NASDAQ First North market.
Flexion is a leading distribution platform for android games. The company works with many of the top-tier game developers and help them with distribution on a growing number of platforms such as Amazon, Samsung and leading regional channels in India, South Korea and Japan. At the core of Flexion's patent pending technology is the enabling and enhancement software that lets developers distribute one version of their game in multiple channels across several monetization models without any work required.
The First North market is a European growth market designed for ambitious and growing companies looking to make a first step into a financial market. The listing will provide an excellent opportunity and platform for Flexion by offering greater visibility of the company’s business to the public and offer the potential to attract further investment from an increased investor pool.
Per Lauritzon, Flexion’s co-founder and COO, said: “The Flexion team have worked tirelessly to develop the business and fine-tune our unique technology, and we are grateful to Moorcrofts who provided essential guidance and solutions to the complexities and issues that arose during the re-registration of the company to a public limited company and the listing process on NASDAQ First North. This is an exciting time for the company and we look forward to working with Moorcrofts again as Flexion continues to grow its business.”
Moorcrofts’ head of corporate Teri Hunter and consultant Barry Maytum led the deal with support from other members of the corporate team.
Teri Hunter said: “We are delighted to have assisted Flexion on their successful listing to NASDAQ’s First North market. We wish Per and the team at Flexion the very best at this exciting time for the Company and look forward to working with Flexion again in the future”.
