Nasdaq
Being quoted at Nasdaq
Next stop Wall Street
3DOTS was born to support companies along the journey to being quoted at Nasdaq. The division’s goal is to offer its clients the chance to land on the offical american stock exchange.
The process
3DOTS’s mission is to support the most excellent Southern European companies while preparing documentation and defining useful standards for the quotation at Nasdaq. The commitment is possible thanks to skills, experts and the close collaboration with the New York Stock Exchange itself.
What can you expect from the process?
1. Preliminary
The preliminary phase related to the Nasdaq quotation relates to the preparation of any files and documents which are needed to request to be listed.
The company profile will be presented via a document dedicated to governance containing:
- company history and background
- information on associates and partners
- value of the shares
- net company wealth
- corporate governance criteria
2. Application
Such phase regards the application process to Nasdaq and involves the start to the evaluation process which lasts from 3 to 6 months.
During the evaluation process, the company:
- will be looked after by the lega, audit and marketing teams at 3DOTS
- will receive a letter within 2-3 weeks with a comment concerning a first evaluation made by a Nasdaq analyst which will be followed by a final acceptance decison or application refusal.
3. Ringing the bell
Once Nasdaq has accepted the application to be quoted, the traditional bell ringing event in New York will be planned to celebrate the official opening on the american stock market.
For the upcoming 3 years after the quotation, some of the following services will be available:
- direct telephone line for reporting
- dedicated site to all investors with all documents related to the company with ethical code and CDA
- a 4-audio webcast package
- press release online and offline inclusive of comments and social mentioning
- virtual event dedicated to investors on the quotation day
- ESG services including courses, insights and market benchmarks
Quotation standards
- Financial stability
- Registration on Securities Exchange Commission (SEC)
- Other requirements based on company dimension and volume of trades
The company shares will be quoted in one of the three market levels: Global Select Market, where all companies with Nasdaq’s highest standards lie, it is considered a high compounding market. Global Market, considered average compounding. Capital Market, once called SmallCap Market, negotiates companies with the lowest market compoundings.
Advantages
Italian companies that list on Nasdaq can enjoy the following advantages:
Higher valuation of company shares
International visibility
Access to large investor base
Improved reputation
Do you want to know more?
If you are interested in listing your company on Nasdaq and would like more information, do not hesitate to contact us!
