Become a First North Certified Adviser
First North is a market for growing small and medium sized companies. It gives them access to all the benefits of being public while offering a simpler and less time consuming listing process.
- All the companies that join First North must choose a Certified Adviser to work with. That may be a corporate finance firm, an accounting firm, or an investment bank authorized by Nasdaq Baltic.
The role of the Certified Adviser is to guide the company through the application process, helping it meet all the First North rules and regulations, and generally also after listing to help it ensure ongoing compliance: in reporting, disclosure, and so on.
Benefits of becoming a Baltic Certified Adviser
- Access to the whole Baltic Market: ability to offer consulting and Certified Adviser services to all existing and potential companies on Baltic First North
- Cost efficiency: Baltic Certified Advisers pay the registration and annual fees only to the home exchange.
- Visibility throughout the Baltics: As a Baltic Certified Adviser, you’re part of the pan-Baltic investment community and thus more visible at the Baltic level.
- Single entry point: Baltic Certified Advisers can submit all documents to their home exchange, making the application process easy and convenient.
How to Become a Certified Adviser
To obtain Certified Adviser status on First North in Estonia, Latvia or Lithuania, a company must complete the application form (see below) and meet certain requirements.
In particular, an Advisers must:
- - Have at least two employees with sufficient experience
- - Develop internal trading rules
- - Avoid conflicts of interest
- - Document all relevant information
- - Be independent from any issuer it advises
Additionally, an Adviser must enter into an agreement with each company it advises.