JSC DIGITAL MIND has entered into an agreement with the Central Finance and Contracting Agency (CFLA) on receiving support in the programme “Support for Attracting Financing of Small, Medium-Sized Enterprises in Capital Markets”
CFLA contract date: 03.03.2021
Project number: 3.1.1.3/20/A/002
Project name: Private placement of JSC DIGITAL MIND shares on Nasdaq First North trading venue
Objective of the project: The aim of the project is to promote the raising of capital within the framework of the private placement of JSC Digital Mind shares.
The main activities of the project are: Preparation of JSC Digital Mind for listing securities on Nasdaq First North Alternative Market list, including improving corporate governance aspects of the company, preparing the necessary documents and carrying out activities for the implementation of the share issue, establishing cooperation with the investment bank, custodian bank, stock exchange, regulator, as well as depositary and other institutions related to the implementation of the issue. The aim of the project is to attract additional financing to JSC Digital Mind within two years within the framework of the closed share issue (private placement) for the expansion and development of the company’s economic activity.
Project duration: 2 years from March 3, 2021 to March 2, 2023.
Planned results of the project: a successful private placement of JSC Digital Mind shares has been carried out, raising capital of at least EUR 500 000.
