Financial Services, Latvia, Markets and Companies

BDO Latvia will provide its services to companies that want to list their securities on Nasdaq First North. Certified Adviser’s role is to guide growth companies through the application process and ensure that the companies fulfill all the requirements of First North rules on a continuing basis.

“We are pleased to see that the list of First North Certified Advisers is becoming more diverse with BDO Latvia joining as a Certified Adviser,” said Nasdaq Riga head Daiga Auzina-Melalksne. “It is essential to have many experienced professionals with different backgrounds to guide young and ambitious companies during their first steps towards First North. Guidance is crucial for growth companies as it gives confidence during the listing process and is a great support afterwards.”

“I believe that right now that our economy is facing several local and international challenges, it is the perfect time for companies to start using the alternative market for capital-raising. We see First North as a great business possibility for growth companies to raise capital, increase the visibility and get the credibility of being a public company. This also gives the investors a variation of investment opportunities. Although First North is available for Baltic companies already for ten years, it still has unused potential on investments. Moreover, the expansion of First North supports the local economic growth, as well as benefits the entire region,” said BDO Latvia partner Vita Liberte.

BDO Latvia is a part of BDO - one of the leading expert organizations with more than 64,000 experts in 158 countries. BDO Latvia specialists provide high-quality tax, corporate finance, auditing, and advisory services for companies, organizations and public sector bodies.

Shares of Latvian companies are currently being traded on First North: Latvia’s Baltic Telekom, Lithuania’s East West Agro and K2 LT, as well as Estonia’s Linda Nektar.

First North is an alternative trading facility, operated by stock exchanges of the Nasdaq Group. 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

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