Baldi Finance in his role of Corporate Advisor on Prospects market, organized and managed by Malta Stock Exchange, guarantees it has adopted all the necessary and requested procedures in order to maintain full independence, confidentiality and impartiality towards any applicant issuer.
To this purpose Baldi Finance has adopted a Procedures to prevent and detect conflicts of interest whit the aim of identify and mitigate any conflict of interest including the possibility that Baldi Finance it self and its connected person may invest or trade securities issued by their client Prospects Companies (link to the Procedure according to article 3.01.07.02 of Prospects Rules)
Should not be possible to eliminate or mitigate any conflict in compliance with the rules stated in the above mentioned procedure, Baldi Finance will provide full disclosure (in the Issuer’s Information Document or in any other relevant and proper place to the satisfaction of the Exchange) of the conflict and all related actions to be put in place to mitigate or eliminate it.
Prospects creates an opportunity for SMEs to access capital markets relatively easily and efficiently, and to benefit from the advantages which, so far, have only been available to much larger entities. Small and medium-sized businesses will now be able to raise capital by issuing bonds, issuing new shares, or selling existing shares to a pool of investors far greater than their own family or business partners.
Prospects provides cost-effective access to capital – there is no need for security or collateral, though investor and market confidence are required for success. Companies considering admission to Prospects require the services of a corporate advisor, both before and following an admission process. The involvement of a corporate advisor by the SME ensures that transparency and corporate governance efficiencies are achieved and retained, thus instilling greater investor confidence.