Acast Completes Move to Nasdaq Stockholm Main Market
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Acast, the global podcast advertising platform, has graduated from Nasdaq First North to the main exchange in Stockholm, a milestone that positions the company among Sweden’s established public companies as it pursues profitable growth in the competitive podcast monetization space.
What happened
Trading in Acast’s shares commenced on Nasdaq Stockholm Main Market on November 20, 2025, following approval from the exchange’s listing committee
The company previously traded on Nasdaq First North, a growth market for smaller companies, where its final trading day was November 19
Acast will continue trading under the same ticker symbol (ACAST) and ISIN code (SE0015960935) in the Mid Cap segment
No new shares are being issued and existing shareholders need take no action in connection with the transfer
The move comes as CEO Greg Glenday focuses the company’s strategy on “profitable expansion” and strengthening relationships with key partners in the creator economy
Why it matters : Moving to the main market represents more than a symbolic upgrade for Acast. The transition signals that the podcast advertising company has reached operational maturity and met stricter governance and financial stability requirements. Main market listings typically provide improved liquidity, making shares easier to trade, and enhanced visibility among institutional investors who may face restrictions on investing in growth markets. For Acast, this timing is strategic—the company is positioning itself for credibility as competition intensifies in podcast monetization, with Spotify, SiriusXM, and other platforms vying for advertising dollars and creator relationships. The move also reflects broader momentum in the podcast industry, where companies are maturing from growth-at-all-costs models to demonstrating sustainable unit economics.
Bottom line: Acast’s main market listing is a bet that investors will reward discipline over hype. By emphasizing governance standards and profitable growth while competitors chase scale, the company is signaling confidence that the podcast advertising market has matured enough to support sustainable business models. The true test will be whether enhanced market visibility translates into the capital access and partnership momentum Glenday envisions.
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