Jul 17, 2018 — In order to list at The Nordic Growth Market or FirstNorth, there is no requirement that your company undertakes an offering to raise capital, provided you meet the Exchange basic requirements. Specifically, if your company has the required amount of shareholders and sufficient capital to sustain its operations for 12 months, then a simultaneous capital raise is not necessary as part of the listing process. NGM requires the issuer to bring in at least 300 retail shareholders to meet the requirements (we can bring those from our base). A few companies who are looking to list would need to undertake a simultaneous offering in order to meet the thresholds required by a higher exchange.
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