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Nasdaq has signed an agreement with the Economy Ministry of Ukraine to help the country's reconstruction by waiving fees for Ukrainian companies that list on Nasdaq markets and offering advice on capital raising.
Under the agreement, Nasdaq will also offer technical assistance on the future International Finance Center in Ukraine and promote entrepreneurism among Ukrainians, the exchange operator said in a press release.
The listing fee waiver, which would apply to Ukrainian companies than list on Nasdaq markets in Europe and North America, is subject to regulatory approvals
“It will take a concerted global effort from both the public and private sectors to support the rebuilding of Ukraine’s economy, and this agreement is a first step to a deeper partnership between Nasdaq and Ukraine,” said Nasdaq Executive Vice Chairman Ed Knight.
