Nasdaq Riga Welcomes Nexia Audit Advice as a Certified Adviser on First North

14.09.2017 RIG

Riga, Nasdaq Baltic Market, September 14, 2017 – Nasdaq (Nasdaq: NDAQ) announces that Nexia Audit Advice, a licensed company of sworn auditors, has been granted the status of a Certified Adviser on the First North market in Latvia by Nasdaq Riga effective today.

Nexia Audit Advice thus joins the group of Certified Advisers approved to guide growth companies through the application process for First North, the Nasdaq Baltic alternative market, and to ensure that admitted companies fulfill all First North requirements on a continuing basis.

“We congratulate Nexia Audit Advice for obtaining Certified Adviser status on First North. With their extensive knowledge and experience, Certified Advisors provide crucial support to the growing businesses beginning their journey on the First North market,” says Daiga Auziņa-Melalksne, Head of Nasdaq Riga.

Nexia Audit Advice provides professional and consulting services for clients, including companies that want to raise funds for expansion or project implementation by listing transferable securities on the Nasdaq Baltic First North market.

“Deciding to trade one’s securities on the stock exchange is a serious step for any company and marks a new stage in its development. With First North, Nasdaq offers a solution that balances the regulatory burden by on the one hand easing requirements for issuers, which is important for SME companies, while at the same time ensuring effective investor protection. Our role as a First North Certified Advisor is to help our clients to choose the best options in their preparation process and to meet the requirements of the First North market,” says Dr. Andrejs Ponomarjovs, Partner and Chairman of the Board at SIA Nexia Audit Advice.

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