We provide advisory services for raising equity capital on Nasdaq First North Growth Market & Premier markets and raising debt capital on the Nasdaq Listed Nordic Bonds market.
We’re The Sherpas!
Using a mountaineering analogy, the Fóla team are the Sherpas and we make the funding happen by working with and guiding the management team along the route to IPO or Bond issue, by doing the “heavy lifting” and only using the management team when needed. This enables the management team to maintain focus on the performance of the business during the process.
Raising Equity Capital on Nasdaq First North & Premier
We have a range of services including:
You get one opportunity to make a first impression and, to make the best positive impression, you need to excel. It is essential to communicate your investment opportunity in an accurate and truthful manner and with short, clear and concise communications technique and style. Positioning of the company is essential. If you do not manage to capture the attention of the potential investor in the first 1 to 2 minutes of a pitch, you are likely to fail. Preparing investor presentation material (teasers, investor decks, business plans and IPO prospectus) is an essential part of what we do and this takes time, effort, practise and rigorous use of language.
Preparing for an IPO
Once you start any IPO process, you are on a 4-6 month treadmill process where execution is key and weekly tasks must be executed flawlessly if you are to meet the deadline. All possible issues must be identified before any company starts the IPO process. This requires a pre-IPO due diligence process covering market, business, legal, accounting, shareholder and corporate issues. Nothing beats being fully prepared and ensuring you have no unexpected surprises once the IPO process has started. A key part of this process is building a Board of Directors with Board governance disciplines that will win the trust and confidence of investors.
This means running the listing process in collaboration with a Swedish Certified Adviser, selecting Swedish advisers (legal, corporate finance, accounting and PR), getting all collateral ready (Information Memorandum, Investor Presentation, Business Plan), preparing the Prospectus, getting all approvals (company, shareholders, regulatory (SFA and Nasdaq), participating in investor road shows, running the order book, assisting the Board in deciding share allocations, reviewing PR material, etc.
Once the IPO is completed, you need to have a plan to keep your shareholders (current and potential) informed on progress and opportunities for the business. Well informed shareholders are a source of business opportunities, future funding, business introductions and this is facilitated by building relationships with them. We assist in reviewing quarterly results, investor press releases, preparing for investor day event, preparing for meeting with equity analysts.
We advise companies on raising debt capital on the Nasdaq First North Bond Market. This form of finance is a form of debt instrument widely used in the Nordic markets that is very flexible.
The bonds, which are listed on the Nasdaq First North Growth Market, have certain features that make them particularly attractive to Irish companies including relatively short timelines, light documentation, minimal regulation or due diligence. They can be very flexible with terms tailored to the project being financed.
Post Bond Issues
Post Bond issue you need to have a plan to keep your bondholders (current and potential) informed on progress and opportunities for the business. Well informed bondholders are a source of business opportunities, future funding, business introductions and this is facilitated by building a relationship.
We assist in reviewing, investor press releases, preparing for investor day event, preparing for meeting with analysts. Building a high profile can positively impact on the perception of the company and its ability to raise new bond issues or doing a Nasdaq First North IPO.