Europe's most active IPO market by count; strong retail and tech culture.
Eligibility · Meridian Renewables (example)
Conditional
1 requirement(s) not yet met — see eligibility below.
Min market cap
$11M
admission floor
Min free float
25%
public hands
Est. all-in
5.5%
on $700M
Time to list
18–22w
from kickoff
Regulator
FI
oversight
Eligibility check
✓
Market capitalisation
Requirement: ≥ $11M
$4.8B
✕
Free float
Requirement: ≥ 25%
~15%
✓
Operating history
Requirement: ≥ 3 yrs
11 yrs
✓
Profit / revenue test
Requirement: No fixed profit test
Profitable
!
Governance standard
Requirement: Swedish Code
Gaps
✓
Accounting
Requirement: IFRS
IFRS
Rules as of 2026-Q2 · source: Nasdaq Nordic Main Market Rulebook (Finansinspektionen, SE). Compiled summary — validate against the primary source before filing.