“Joining First North is a vital step that allows us to respond to our clients growing interest in finding alternative financing for their businesses” says Ants Mailend, Head of Banking & Finance at Law Firm VARUL Estonia.
Kalle Viks, the Head of Issuer Services of NASDAQ OMX Tallinn, adds: „We are happy to welcome a new adviser on the alternative market. Recent active participation in different contests and workshops for start-up companies indicates that there are plenty of good business ideas worth financing. Thus we encourage all SMEs with additional financing needs to discover and recognize alternative market. “
VARUL’s experienced M&A and Private Equity team has extensive experience in valuating companies’ financial status as well as financial advisory of various projects. The firm’s securities experts have advised emissions on the AIM’s of Helsinki and London being therefore able to guide our clients through all the legal aspects from idea to execution.
First North is an alternative marketplace operated by NASDAQ OMX Nordic and Baltic stock exchanges. Alternative market does not have the same legal status as a regulated market in the EU. Companies traded on First North have to follow the rules of First North instead of the requirements for a regulated market.
Click here to read the press release of NASDAQ OMX.