Baltic Technology Ventures (“BTV”, Nasdaq Baltic FN: BTE1R), the only exchange-listed VC investor focused on identifying and developing early-stage technology companies in the Baltic region, announced on 4 December 2020 decision of its shareholders to approve the offering of 2,500,000 new shares at €0.4 per share. The offering is being carried with Nasdaq Baltic exchange listing requirements.
At the time of issue, BTV has onboarded a portfolio of six companies (minority stakes) and aims to deploy new capital to invest and scale new exciting tech startups presently in the investment pipeline (at the time of this press release there are 15 companies in ongoing discussions). BTV backs companies in the post-revenue / pre-A series stage where it can have maximum valuation impact through its vast network of contacts and help companies monetize their business model. This investment focus makes BTV uniquely positioned to capitalize on its exposure to the vibrant Baltic startup ecosystem, which has emerged as an innovative powerhouse in Europe. BTV promotes full transparency of its activities as a listed company for anyone interested in the company’s progress: https://www.baltictechventures.com/portfolio
BTV's founder and CEO Gene Zolotarev commented on the new share offering: “This is an important and exciting milestone for BTV’s corporate development, and we are proud to undertake our first Secondary Public Offering on Nasdaq Baltic. The strong interest and demand from investors early in this process is a vote of confidence in BTV’s path to growth and success in the region.”
The new share issue presents a tremendous opportunity for new shareholders to participate and benefit from the rapidly growing Baltic VC environment through BTV’s robust corporate structure, underlying business model and increased liquidity. The advantages of BTV's value offering to its investors is especially evident in comparison to the traditional VC fund model: no minimum, no lockup, no fees! Additionally, stock market performance across peer companies worldwide involved in similar activities as BTV suggests that the company’s current price per share is trading at over 90% discount. We welcome you to further explore BTV’s compelling investment case in our INVESTMENT PROFILE.
If you are interested in participating in the upcoming share issue, please fill out the SHARE SUBSCRIPTION FORM.
In case you have any questions or need further assistance with the subscription form, please follow up on BTV’s LinkedIn page: https://www.linkedin.com/company/baltictechventures/ or contact us directly by email at info@baltictechventures.com
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