Tallinn/Riga/Vilnius, Nasdaq Baltic, April 28, 2015 – Nasdaq (Nasdaq: NDAQ) has announced that the advisory company “M&A International Baltics” is granted the status of Certified Adviser on the First North market in Lithuania as of 28 April 2015.
“M&A International Baltics” will offer its advisory services to companies aspiring to list their securities on the First North market. The Certified Adviser’s role is to guide a company through application process, ensure that the company meets admission criteria and constantly monitor the company’s compliance with the rules of First North.
“We are pleased to welcome “M&A International Baltics” as a Certified Adviser on the First North,” said Daiga Auziņa-Melalksne, Head of Exchange Services at Nasdaq Baltic Market. “It is vital that there is a strong body of Certified Advisers to give growth companies confidence during the application process and full support keeping the company up-to-date on the requirements of being traded on First North.”
The approval of M&A International Baltics means that there are now 13 Certified Advisors able to support businesses with their listings or plans to list on the First North.
„Our move to become a certified adviser on First North is a result of our desire to complement our leading M&A franchise and to offer our clients a full range of investment banking services. As current monetary conditions have increased demand of listed securities, public equity offerings again become an attractive alternative to business owners who look for an exit solution or expansion capital. We plan to follow up our receipt of Certified Adviser status with a First North equity listing in the nearest future. Being present in all three Baltic countries we soon plan to extend our alternative market advisory business beyond Lithuania,“ said Karolis Pocius, Partner of “M&A International Baltics“.
About First North
First North is regulated as a multilateral trading facility (MTF), operated by the different exchanges at Nasdaq. It does not have the legal status as a regulated market in the EU. Companies at First North are subject to the rules of First North and not the legal requirements for regulated market. The risk in such an investment may be higher than on the regulated market.
About M&A International Baltics
„M&A International Baltics" is the member firm of M&A International Inc. - the global leader in mid-market M&A advisory. Founded in 1985, M&A International Inc. offers the unparalleled resources of over 600 professionals in 46 M&A advisory and investment banking firms operating in 40 countries. M&A International Inc. is a unique organization combining local market knowledge with global reach. It has advised on over 1,400 M&A transactions totaling more than US$75 billion in transaction value since 2010.
M&A International Baltics provides merger, divestiture, acquisition and capital raising advice through offices in the three Baltic capitals. Its area of activities extends from the Baltic and Nordic countries to the Central and Eastern European markets. MAIB services relies on a tailor-made approach based on its extensive contacts with regional industrial and financial opinion leaders. The core of MAIB team has worked together since 1999, completing over 150 transactions with a combined value exceeding EUR 3.5 billion.“
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,500 listed companies with a market value of approximately $9.5 trillion and more than 10,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.
Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for the regulated markets of Nasdaq OMX Copenhagen A/S, Nasdaq OMX Helsinki Ltd., Nasdaq OMX Iceland hf., Nasdaq OMX Riga, AS, Nasdaq OMX Stockholm AB, Nasdaq OMX Tallinn AS, AB Nasdaq OMX Vilnius, Nasdaq OMX Clearing AB, Nasdaq OMX Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius. Read more: www.nasdaqbaltic.com
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Media Relations Contact:
Vaida Kisieliūtė
+370 5 272 2981
vaida.kisieliute@nasdaq.com