Hotel Fast SSE AB (the "Company") has received notice from Nasdaq Stockholm AB (the "Nasdaq") that the Nasdaq intends to resolve to delist the Company's financial instruments from Nasdaq First North Growth Market on 23 May 2026. The background is that Nasdaq considers that the Company does not meet the so-called operational requirement under the Nasdaq's rules.
According to the Nasdaq's notice, a delisting may be avoided if the Company, no later than 23 May 2026:
• presents concrete and credible plans for how the operational requirement will be met, and
• in the case of a planned fundamental change of operations, submits a complete application for a new listing process.
The Company is currently evaluating several concrete strategic alternatives to ensure that the operational requirement is met. The Company intends to provide further information once a concrete plan has been established and communicated to Nasdaq. However, there are no guarantees that the alternatives being evaluated will result in a solution that meets Nasdaq's requirements for continued listing.
For further information, please contact:
Pål Mörch, CEO
Tel: +47 936 16 666
E-mail: pm@firsthotels.com
About Hotel Fast SSE AB
Hotel Fast SSE AB (publ) is an independent company listed on Nasdaq First North in Sweden (Ticker: HOTEL), managing and operating hotel properties. The head office is located in Stockholm. Mangold Fondkommission, tel +46 8 503 01 550, is the Company's Certified Adviser. For more information, visit www.hotelfastab.se.
