First North Growth Market is an alternative marketplace run by the different Nordic exchanges included in Nasdaq. It does not have the same legal status as a regulated market. Companies on the First North Growth Market are regulated by First North’s Growth Market rules and not by the legal requirements for trading on a regulated market. An investment in a company traded on the First North Growth Market is more risky than an investment in a company traded on a regulated market. All companies whose shares are listed on the First North Growth Market have a Certified Adviser who monitors compliance with the rules. Nasdaq Stockholm approves the application for admission to trading on First North Growth Market