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Nodica Group AB decides to discontinue offering and listing on Nasdaq Stockholm due to the current market conditions

The interest in Nodica Group AB (“Nodica Group” or the “Company”) has been strong and the indicated demand in the offering exceeded the number of shares offered several times, meaning that the offering was considerably oversubscribed. Nevertheless, due to the current stressed market conditions and geopolitical uncertainty, the board of directors of Nodica Group has today, in consultation with the Company’s largest shareholders, decided to discontinue the offering to acquire shares in the Company and withdraw the Company’s application for admission to trading on Nasdaq Stockholm. The board

Nodica Group publishes prospectus and announces price for the initial public offering on Nasdaq Stockholm

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, JAPAN, CANADA OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE SEE “IMPORTANT INFORMATION” AT THE END OF THE PRESS RELEASE.On 20 March 2025, Nodica Group AB (“Nodica Group” or the “Company”), a prominent actor in the development and production of advanced power solutions, announced its intention to list the Company’s shares on Nasdaq Stockholm (the “Listing”) and to launch an

Nodica Group intends to list its shares on Nasdaq Stockholm

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, JAPAN, CANADA OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE SEE “IMPORTANT INFORMATION” AT THE END OF THE PRESS RELEASE.Nodica Group AB (“Nodica Group” or the “Company”), a prominent actor in the development and production of advanced power solutions, hereby announces its intention to list the Company’s shares on Nasdaq Stockholm (the “Listing”) and to launch an offering

Nodica Group - new name for leading group in advanced power systems

Effective November 19, 2024, ScandiNova Systems AB (corp. id 556616–3605) has officially changed its name to Nodica Group AB“By uniting businesses with high-quality products in advanced power systems for MedTech, industrial applications and research, we have created a group with the potential to become a world leader. Nodica Group strengthens the group's companies and promotes growth by coordinating common functions such as sales, finance, IT, HR, sustainability and communication. As a group, we strengthen innovation through knowledge sharing while opening for new growth. Together, the

ScandiNova expands - new lease agreement with Regio to meet increased demand

ScandiNova Systems AB (“ScandiNova”) has signed a new lease agreement with Fastighets AB Regio (“Regio”) for approximately 1,700 square meters in an adjacent property in Fyrislund, Uppsala. The expansion, which increases the company's total floor space by over 40%, is a direct response to the rising demand for ScandiNova’s products.The move will take place in several stages, starting in September 2024. After the move, ScandiNova’s total floor space will amount to approximately 5,750 square meters, a significant increase from the current 4,000 square meters. The premises, located in the

ScandiNova joins the United Nations Global Compact

ScandiNova Group is proud to announce its participation in the United Nations Global Compact (UNGC) initiative, reinforcing the company’s commitment to sustainable and responsible business practices.“We are honored to be part of this significant global initiative. This step allows us to take greater responsibility and work more intensively towards setting the standard for sustainable and responsible business alongside the other members,” said Niklas Edling, CEO of ScandiNova Group. In the past year, ScandiNova has broadened its approach to sustainability by implementing several

ScandiNova celebrates major achievement: 3000 new-generation pulse modulators delivered

ScandiNova proudly announces the successful shipment of its 3000th solid-state pulse modulator unit from the production facility in Uppsala, Sweden. Niklas Edling, CEO at ScandiNova, expressed his enthusiasm, stating, “The delivery of the 3000th modulator marks a significant milestone for ScandiNova. I am immensely proud of our team's accomplishments and deeply thankful to our outstanding customers who continue to place their trust in our company.” Founded in 2001, ScandiNova has solidified its position as a key player in the industry, with over 200 customers in more than 50

ScandiNova welcomes Pernilla Enkler as Head of Sustainability, Quality and Communications

ScandiNova Systems AB (ScandiNova) is pleased to announce the appointment of Pernilla Enkler as its new Head of Sustainability, Quality, and Communications. Pernilla will also join the Executive Group Management, contributing her extensive leadership experience acquired from diverse industries, including startups and large international corporations.“Sustainability is an important part of ScandiNova’s strategy, and I am really excited to welcome Pernilla to ScandiNova. With her vast experience, she will play a key role in accelerating ScandiNova’s work and commitment to advancing

ScandiNova strengthens RF offering with acquisition of Microwave Amps

Uppsala, Sweden, June 2, 2023, ScandiNova Systems AB, a leading provider of high-end pulsed power systems, today announced the acquisition of Microwave Amps, a renowned producer of advanced RF amplifiers used in high energy physics, medtech, radar, and various industrial applications. This strategic move by ScandiNova aims to expand its product portfolio and strengthen its Radio Frequency (RF) offering to align with future goals."We are delighted to welcome Microwave Amps to the ScandiNova family. This acquisition perfectly aligns with our strategy of enhancing our position in integrated

ScandiNova acquires majority share of IECO, adding power amplifiers and precision power supplies to its product line

Uppsala, Sweden, 4 April 2023. ScandiNova Systems AB, a leading provider of high-voltage pulsed power systems and magnets, today announced the acquisition of majority share of International Electric Company (IECO). IECO is a well-recognized producer of power amplifiers and precision power supplies for the global health care, scientific, and industrial markets. With this acquisition, ScandiNova aims to broaden its product offering, add key technology and increase knowledge and talent to meet future goals. "IECO is a perfect match with ScandiNova in terms of offering high-end

SCANDINOVA STRENGTHENS CUSTOMER OFFERING WITH SCANDITRONIX ACQUISITION

Uppsala, Sweden, 18 November, 2022. ScandiNova Systems AB, a leading provider of next generation high-voltage pulsed power systems, todayannounced the acquisition of Scanditronix Magnet AB. Scanditronix is a well-recognized producer of magnets and coils for use in medical, industrial and research applications. The company has 30 employees and is located in southern Sweden, near the city of Växjö. "I am delighted with the addition of Scanditronix. I believe this is great for both companies as well as our customers. With the acquisition we secure critical components for our

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