Regulatory: IPO Director Due Diligence
Sector: Various
Client: Nominated Advisors
Challenge
Nominated Advisors (NOMADs) act as gatekeepers of the quality of the companies that they sponsor onto London’s Alternative Investment Market. They are required to appraise the potential risks associated with each company, and conduct legal, financial due diligence on the companies, plus research into the fit and properness of the proposed directors, that is appropriate to their risk appraisal as in: The risks to the NOMAD if they fail in this regulatory obligation can be significant.
Action
Rubus has over 15 years’ experience supporting NOMADs, Corporate Finance teams and Private Equity in conducting both corporate and director due diligence. We have developed a very robust framework for this type of due diligence