The status of pan-Baltic Certified Advisers permits KPMG Baltics to provide services to Nasdaq Baltic First North companies across all three Baltic countries. The role of a Certified Adviser is to guide companies through the application process and ensure they meet First North rules and requirements on a continuous basis.
“Working with companies on a daily basis and helping them to attract funding for faster development, we see that companies’ interest in raising capital through financial instruments, such as shares and bonds, is becoming more and more relevant. Obtaining the status of First North Certified Advisers will allow us to provide a full range of support to companies on all such matters not only in Latvia, but also in Lithuania and Estonia,” says KPMG Baltics Partner Evija Šturca.
The Nasdaq First North Market is tailored to support smaller, growing companies that want to raise capital and get the visibility and credibility of being a public company. For investors, First North offers an opportunity to invest in companies that are at an earlier stage of their growth. First North is an alternative market and is often seen as a first step towards trading on the regulated market.
Certified Advisers serving on First North are financial industry and business consultancy professionals and have completed special First North training.