Listing in 2021

Springvest Corporation listed on Nasdaq First North Growth Market Finland in 2021. The listing was carried out as a technical listing, meaning that no share issue or sale of shares took place in connection with it.

Springvest’s trading code on First North is SPRING. The aim of the listing was to create liquidity and a transparent valuation for Springvest’s share, and to raise the company’s profile.

From the CEO

“Springvest’s vision is to be the most sought-after funding channel for promising growth companies and the most attractive route for investing in unlisted growth companies. We have a strong track record of screening growth companies and selecting the most promising ones for funding rounds. Each year, we review around 200 potential targets and run funding rounds only for the most promising companies whose business, growth opportunities and team capabilities meet our requirements.

Our goal is to offer our shareholders value appreciation and a strong dividend yield. Through us, our shareholders gain ownership of a portfolio that includes shares in dozens of growth companies. We aim to distribute at least 80% of both our operating profit and our proceeds from portfolio company exits as dividends.

Our financial position is strong, and we do not intend to raise funds for the company in connection with the potential listing.”

Päivi Malinen
CEO (until 22 June 2023)

Springvest’s strengths

Finland’s leading arranger of public share offerings for unlisted growth companies

Strong track record of selecting the most promising growth companies for funding rounds

A route to a well-diversified portfolio of unlisted growth companies

Straightforward business model, with 100% of arranged funding rounds completed

Stable and profitable operating business

Company presentation

On 25 November 2021, Springvest held a virtual company presentation.

Watch the recording (in Finnish):

Read the company description reviewed by Nasdaq Helsinki Ltd (in Finnish):

Materials

• Company description (pdf, in Finnish)
• Marketing brochure (pdf, in Finnish)
• Trade Register extract (pdf, in Finnish)
• Articles of Association (pdf, in Finnish)
• Board of Directors’ report, audited financial statements and auditor’s report for the financial year ended 31 December 2020 (pdf, in Finnish)
• Board of Directors’ report, audited financial statements and auditor’s report for the financial year ended 31 December 2019 (pdf, in Finnish)
• Audited information for the six months ended 30 June 2021, with comparative information for the six months ended 30 June 2020 (pdf, in Finnish)

Releases

• 23 November 2021 at 9:35 Company announcement: Springvest Corporation has submitted a listing application to Nasdaq Helsinki Ltd for the listing of its shares on Nasdaq First North Growth Market Finland
• 22 November 2021: Springvest Corporation has decided to apply for the admission of its shares to trading on Nasdaq First North Growth Market Finland and has published a company description
• 1 November 2021 at 9:00 Press release: Growth investment company Springvest is exploring a listing on Nasdaq First North