AIM is the London Stock Exchange’s international market for smaller growing companies. A wide range of businesses including early stage, venture capital backed as well as more established companies join AIM seeking access to growth capital.
AIM offers smaller growing companies the benefits of a world-class public market within a regulatory environment designed specifically to meet their needs.
Once a company has made the decision to seek a quotation on AIM, the first step is to identify and appoint a Nomad who will help the company come to market. Nomads have a deep understanding of the needs and aspirations of companies seeking admission to AIM, and are highly experienced in guiding them through the flotation process.
Other advisers are also integral in supporting a company through the admission process. Such advisers usually include a broker, law firm, accountants, public relations and investor relations firms. Following appointment of advisers, the company will need to prepare an admission document that includes details about its directors, financial position, business activities and strategy. This is prepared in close consultation with the Nomad.
Appropriate regulation for smaller companies
AIM is renowned worldwide for its balanced approach to regulation which is uniquely suited to smaller companies. The AIM Rules are concise and principles based. Nomads are responsible for advising companies on the interpretation of and compliance with the rules.
Refers to stocks with a relatively small market capitalization. The definition of small cap can vary among brokerages, but generally it is a company with a market capitalization of between $300 million and $2 billion