0 Years
No requirement for length of business activity
0 EUR
No minimum market value of the company
0% of shares
No minimum number of shares required to belong to small investors (applies to share listing)
No prospectus
Unless a public offering, a public offering, a simplified company description can be prepared
Reporting
Annual and semi-annual financial reports
Accounting
Financial accounting standards of choice
1 language
Information disclosure in either local or English language
Certified Advisers
Agreement with a Certified Adviser
Share admission*
One time fee for listing on Nasdaq First North
Annual fee from 4000 EUR
* Depending on company’s market value
Bond admission 7000 EUR*
One time fee for listing on Nasdaq First North
Annual fee from 1000 EUR
* Depending on issue size
2 or 3 years
Company’s operating experience
Bonds: 2 years
Shares: 3 years
1 MEUR or 4 MEUR
Bonds: minimum issue of 200 000 EUR
Shares: Company’s minimum value 4 MEUR
25% of shares
At least 25% or 10 MEUR (monetary valuation applies in Latvia and Lithuania) shares in the hands of small investors.
Prospectus
Approved prospectus
Reporting
Annual report and semi-annual or quarterly financial reports
Accounting
Financial reports to be prepared according to International Financial Reporting Standards
2 languages
Information disclosue in local and English language
ESG
Non-financial reporting – reports on corporate governance
Share admission from 7190 EUR*
One-time fee for listing on Main market
* Depending on compan's market value and chosen listing market
Annual fee from 6200 EUR*
* Depending on company's market value and chosen listing market
Bond admission 4000 EUR
per bond issue or
8500 EUR
per issue program (up to 3 bond issues. From 4th - 1000 EUR each)
One-time fee for listing on Main market
Annual fee from 3000 EUR*
* Depending on issue size