Nasdaq Riga Welcomes Law Office Spridzāns as a Certified Adviser on First North

03.08.2017 RIG

Riga, Nasdaq Baltic Market, August 3, 2017 – Nasdaq (Nasdaq: NDAQ) announces that Law Office Spridzāns is granted the status of a Certified Adviser on the First North market in Latvia as of August 3, 2017 by Nasdaq Riga.

Law Office Spridzāns is one of the Certified Advisers who can guide growth companies through the application process to the Nasdaq Baltic alternative market First North and ensure that the companies fulfill all the requirements of First North on a continuing basis.

“We congratulate Law Office Spridzāns with the status of First North Certified Adviser. Broader Certified Advisers list provides more opportunities to Latvian companies when choosing the partner on the First North market,” says Liene Dubava, Nasdaq Riga Board Member. “Growth, competitiveness, global-level recognition are only some of the opportunities that First North provides to small and medium-sized companies. Reputation, knowledge and experience of Certified Advisers provide a crucial support to the rapidly-growing businesses in their preparation process and later on when helping them to fulfill the requirements of the First North market.”

“Law Office Spridzāns specializes in the organization of mergers and acquisitions, different aspects of capital markets and issues related to the modern start-up companies. Our clients have showed interest in opportunities provided by First North market as a platform to prepare for an IPO as well as in benefits admitted for trading transferable financial instruments on alternative market can bring in a broader sense,” says Ansis Spridzāns, the Managing Partner of Law Office Spridzāns. “By becoming a Certified Adviser, we will have the chance to use opportunities that Nasdaq Riga offers to their partners and also fully represent the interests of our clients. We believe that acquiring this status is a natural next step in our professional and mutually beneficial cooperation with Nasdaq Riga.”

The status of a Certified Adviser is granted to sufficiently experienced business consultancy or financial intermediation companies. Complete list of First North Certified Advisers is available on the stock exchange website: nasdaqbaltic.com.

About Law Office Spridzāns
Law Office Spridzāns specializes in legal issues related to corporate solutions, purchase and sale of companies (M & A) and financial and capital market transactions. Long-term experience in working with Latvian and foreign companies, participation in cross-border transactions and specific expertise in providing legal support for the implementation of especially complex transactions are the main advantages of the office. The aim of the law office is to become a recognized expert on start-up economics and new financial technologies. More: spridzans.lv.

About First North
First North is regulated as a multilateral trading facility, operated by the different exchanges at Nasdaq. It does not have the legal status as a regulated market in the EU. The regulatory demands are less extensive than on the regulated market and hence there is a higher risk connected to investments on First North. This can also mean higher earnings potential on investments. First North provides a large investor base since it operates on the same trading and settlement systems as the Baltic regulated market.

About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. 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 90 marketplaces in 50 countries, and 1 in 10 of the world’s securities transactions. Nasdaq is home to 3,800 total listings with a market value of $11 trillion. To learn more, visit:  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 Copenhagen A/S, Nasdaq Helsinki Ltd., Nasdaq Iceland hf., Nasdaq Riga, AS, Nasdaq Stockholm AB, Nasdaq Tallinn AS, AB Nasdaq Vilnius, Nasdaq Clearing AB, Nasdaq 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, Nasdaq Vilnius and Nasdaq Baltic central securities depositories. Read more: nasdaqbaltic.com.

Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about Nasdaq and its products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These factors include, but are not limited to factors detailed in Nasdaq’s annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.

Media Relations Contact:
Dace Bulte
+371 67 212 431
dace.bulte@nasdaq.com