The rendered assistance included:
1. legal due diligence of the group consisting of 15 companies carrying out waste management business (collecting, sorting and trading and recycling of waste), including Green Dot Latvia operating under well know trademark Green Dot symbolising the European network of systems for recycling the packaging materials of consumer goods
2. restructuring of AS Eko Baltia group during preparation for IPO and IPO deal structuring,
3. drafting the Latvian part of the IPO prospectus and clearing of prospectus with the Latvian regulatory authorities for its passporting to the Warsaw Stock Exchange,
4. suspension of the IPO and listing in the Warsaw Stock Exchange and dual listing in the Riga Stock Exchange/Nasdaq OMX due to adverse capital market conditions.
It was envisaged that after completion of the IPO and commencement of listing AS Eko Baltia will be the first company, whose shares will be listed in the Warsaw Stock Exchange and also in the Riga Stock Exchange/Nasdaq OMX. Solely for the purposes of this particular transaction the Latvian Central Depository/Nasdaq OMX was going to establish a link with the Warsaw Stock Exchange necessary for listing of the shares of a Latvian company in the Warsaw Stock Exchange and simultaneously in the Riga Stock Exchange/Nasdaq OMX.
Unfortunately the IPO was suspended prior to announcement of the final offer price on 29 June 2012 listing. AS Eko Baltia maintains its intention to conduct public offering when market conditions improve.