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June 05, 2014

Why London's AIM is An Attractive Alternative to NASDAQ for Growth Companies

Faegre Baker Daniels partner Melanie Wadsworth, whose practice focuses on corporate finance transactions including mergers and acquisitions, and initial and secondary offerings on UK securities exchanges, authored an article for growthbusiness.co.uk on what a rebound of capital markets might mean for U.S. companies weighing their options on whether to list on London's AIM market or NASDAQ. Wadsworth expects smaller U.S. companies considering a public listing to consider London's AIM market, where the average market capitalization is around $100 million. NASDAQ remains a popular choice, but a company tends to get lost in the shuffle if their market capitalization is less than $500 million.

Wadsworth explained that with nearly 50 U.S. companies already listed on AIM, UK investors keen to invest in international companies already enjoy a diverse market, and that their choices could expand as more companies look to London.