What are the functions of the CNMV?
The National Securities Market Commission (CNMV) is the institution that supervises the securities markets in Spain, both primary and secondary.
2020, a historic year for IPOs
IPOs have led the global financial activity in an otherwise forgettable year. There has not been such a high level of capital raising and such a high volume of initial public offerings since 2007.
Soltec Power Holdings reactivates the Spanish Mercado Continuo with its IPO, after two years without any debuts.
Soltec IPO brings light to the Spanish market
The renewable energy company Soltec Power Holdings reactivates the Spanish Mercado Continuo with its IPO, after two years without any debuts.
Technology company Cuatroochenta takes BME Growth by storm
Cuatroochenta a digital cloud management and security solutions company based in Spain, has debuted on BME Growth (former MAB) with great success, experiencing a 49.73% rise and reaching a capitalization of 31.14 million euros.
MAB becomes BME Growth
The Alternative Stock Market (MAB), the SME stock market of BME, has become BME Growth after getting the European seal of SME Growth Market (Market for Expanding SMEs) granted by the National Securities Market Commission (CNMV).
SPACs, the new trend to go public in the US
Special purpose acquisition companies (SPACs), also known as “blank check companies”, are specially created to raise capital through an OPV with the aim of merging or purchasing another existing company.
Keys to public offerings
Public offerings are operations in which a company puts a portion of its shares up for sale. In general, they can be of two types:
Offerings of already existing shares belonging to one or several shareholders or Offerings of newly issued shares
The primary market, an alternative way to invest
The primary market is the market in which newly created securities are sold and therefore they are offered to investors for the first time. When a company has financing needs, it can raise funds by issuing new shares and selling them.
IPOs, an opportunity to invest
When a company decides to go public, its shares are not directly listed on the stock exchange. First, the company must sell those shares to investors. This previous step is called Initial Public Offering (IPO).
Going public, a challenge for companies
Going public usually represents a turning point in the history of a company, as it brings deep changes in its economic and organizational structure. From the moment a company is listed on a stock exchange, any investor can buy and sell its shares.