Basic info
A new market financing the growth of young companies with a large growth potential, organised and operated by the Warsaw Stock Exchange, has started in late August 2007.
A new market financing the growth of young companies with a large growth potential, organised and operated by the Warsaw Stock Exchange, has started in late August 2007.
NewConnect has the status of an organised market; it is operated by the WSE outside the regulated market as an alternative trading system. It is an offer for young, growing companies, especially in the high-tech sector (but companies from other sectors may naturally be eligible for trading).
NewConnect was developed for young dynamic Polish companies which need equity to tap the potential of innovation, this getting a chance to grow and to become one of Poland's large companies. Because of this issuer profile, NewConnect offers more liberal formal obligations and information requirements, which reduces the cost of capital. NewConnect was conceived as the first step on the exchange market for listed companies.