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We advised Estonian sauna solutions producer Saunum Group, on the secondary public offering and the admission to trading of new shares on Nasdaq Baltic Alternative market First North. Elevated interest from strategic partners In the course of the offering aimed at Estonian investors, 507 investors participated, and a total of 144 196 shares were subscribed […]
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From now on, the obligation to provide certain information to the Bank of Lithuania is also established for companies providing unlicensed financial services. Non-banking financial companies or their branches established in Lithuania providing B2B lending (including mortgage loans) and B2B financial leasing services and meeting the significance criterion will be required to provide the Bank […]
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Sorainen provided tax and legal services to IPAS INDEXO for the development and implementation of a share option plan for the management and the employees of the company. During the development of the share option plan, we analysed and assessed various options for the share option plan structure from a tax and legal perspective and […]
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We advised Tallinn-based Montonio, the new one-stop-shop for online businesses looking to take their e-commerce sales to the next level – on raising EUR 2.5 million from current and former Bolt, Wise and Pipedrive executives and VC firms. Unique solution Montonio has built a unique financing solution that lets the customer obtain buy now pay […]
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On 5 October, the European Parliament adopted a Regulation on European Crowdfunding Service Providers for Business. The regulation entered into force on 20 October 2020 opening much wider opportunities for crowdfunding service providers, investors, and project owners looking for alternative sources of financing, as well as for Lithuania. Easier access to new markets for crowdfunding […]
