Nasdaq Riga Welcomes Nexia Audit Advice as a Certified Adviser on First North

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| Source: Nasdaq Riga
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Riga, Nasdaq Baltic Market, September 14, 2017 – Nasdaq (Nasdaq: NDAQ) announces that Nexia Audit Advice, a licensed company of sworn auditors, has been granted the status of a Certified Adviser on the First North market in Latvia by Nasdaq Riga effective today.

Nexia Audit Advice thus joins the group of Certified Advisers approved to guide growth companies through the application process for First North, the Nasdaq Baltic alternative market, and to ensure that admitted companies fulfill all First North requirements on a continuing basis.

“We congratulate Nexia Audit Advice for obtaining Certified Adviser status on First North. With their extensive knowledge and experience, Certified Advisors provide crucial support to the growing businesses beginning their journey on the First North market,” says Daiga Auziņa-Melalksne, Head of Nasdaq Riga.

Nexia Audit Advice provides professional and consulting services for clients, including companies that want to raise funds for expansion or project implementation by listing transferable securities on the Nasdaq Baltic First North market.

“Deciding to trade one’s securities on the stock exchange is a serious step for any company and marks a new stage in its development. With First North, Nasdaq offers a solution that balances the regulatory burden by on the one hand easing requirements for issuers, which is important for SME companies, while at the same time ensuring effective investor protection. Our role as a First North Certified Advisor is to help our clients to choose the best options in their preparation process and to meet the requirements of the First North market,” says Dr. Andrejs Ponomarjovs, Partner and Chairman of the Board at SIA Nexia Audit Advice.

Certified Adviser status is granted to sufficiently experienced business consultancy and financial intermediation companies. The complete list of First North Certified Advisers is available on the stock exchange website: nasdaqbaltic.com.

About Nexia Audit Advice
SIA Nexia Audit Advice is a licensed company of sworn auditors which in Latvia represents Nexia – one of the largest global networks of independent accounting and consulting firms. The company provides audit, review, accountancy, legal, valuation and related services, as well as advice on tax, financial, business and corporate governance issues for clients operating or planning to start a business in Latvia. To learn more, visit: auditadvice.lv.

About First North
First North is a multilateral trading facility operated by the different exchanges at Nasdaq. It does not have the legal status of a regulated market in the EU. Since the regulatory demands are less extensive than on the regulated market, there is a higher risk connected to investments on First North. This can also mean higher earnings potential on investments. First North provides a large investor base since it operates on the same trading and settlement systems as the Baltic regulated market.

About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $12 trillion. To learn more, visit: business.nasdaq.com.

Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for the regulated markets of Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd., Nasdaq Iceland hf., Nasdaq Riga, AS, Nasdaq Stockholm AB, Nasdaq Tallinn AS, AB Nasdaq Vilnius, Nasdaq Clearing AB and Nasdaq Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga, Nasdaq Vilnius and Nasdaq Baltic central securities depositories. To learn more, visit: nasdaqbaltic.com.

Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about Nasdaq and its products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq's control. These factors include, but are not limited to factors detailed in Nasdaq's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.


Media Relations Contact:
Dace Bulte
+371 67 212 431
dace.bulte@nasdaq.com