Oslo Børs, part of the Euronext Group, has announced on Tuesday that it had launched the first edition of IPOready in Norway.
According to the press release, IPOready is a pre-IPO training program that covers the IPO process, legal aspects, valuation, equity story, financial communication, corporate governance and post-listing requirements. Over the last seven years, a successful program in other Euronext markets has been run in partnership with Pareto Securities, Thommessen, PwC and Crux Advisers.
The announcement noted that 15 companies aim at equities listing in the next one to three years through IPOready.
“It is inspiring to see the great interest shown by companies to participate in the first edition of IPOready in Norway. The 15 companies represent different sectors as well as different phases of development, which will give us interesting discussions throughout the program. Our aim is to provide the companies with a realistic knowledge foundation of what it takes to prepare and go through a listing process as well as what it takes to succeed as a listed company,” Øivind Amundsen, the CEO of Oslo Børs, commented.
Through the program, participating companies will gain an in-depth understanding of all sources of finance available to them and determine which is most suitable. As a result of completing the program, the participating founders and entrepreneurs will be in a position to get their businesses investment ready, refine their pitch for investors, and form a valuable network of peers, advisors and investors.
Euronext Recent Metrics
Early this month, Euronext published the monthly stats for February 2022. Equities trading volumes dropped -5.7% m/m, reflecting the turbulence in the markets following the conflict between Russia and Ukraine.
Individual equity futures saw the largest decline in the report, which is down -46.1%. The uncertainty following Russia’s invasion and the sanctions that followed led many traders to remain on the fence.
