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“.
