Nasdaq First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq. It does not have the legal status of an EU-regulated market. Companies at Nasdaq First North are subject to the rules of Nasdaq First North and not the legal requirements for admission to trading on a regulated market. The risk in such an investment may be higher than on the main market. This can also mean higher earnings potential on investments.
On September 13, 2017 Nexia Audit Advice was awarded a status of Certified Adviser on First North in Latvia by Nasdaq Riga
stock exchange. The role of a Certified Adviser is to help the company to comply with market requirements and to keep up with the disclosure requirements, so that investors have sufficient information to make investment decisions.
One of the main priorities of Nexia Audit Advice is providing a top quality professional services and consultations to clients, including those who want to raise funds for expanding their operations and implementing plans by means of including transferable securities on Nasdaq First North alternative market. Nexia Audit Advice role as First North Certified Advisor is to help our clients, based on Nasdaq Riga rules, to choose the best and most suitable solution to include their shares or debt securities on Alternative Market First North.