Law Office Spridzāns, Snipe & Hramčenko proud to announce partnership in Deep Tech Atelier Start-up Competition
Law Office Spridzāns, Snipe & Hramčenko has become a partner to the Deep Tech Startup Competition held by Commercialization Reactor and the Investment and Development Agency of Latvia (LIAA). The competition will be held on the 19 th -20 th of May 2022 and is aimed at businesses which specialize in Deep Tech, a business with intellectual property-rich sciences or with engineering behind the start-up, start-ups which are at an early age of their activity (before sales or sales have just started), the teams contain both scientists and entrepreneurs and the technology used by the business is at or above
Law Office Spridzans has become the legal partner of P2P conference (7-8 June, 2019). The conference was organized the first time as a perfect gathering of fintech companies and investors with a focus on P2P lending, investing and finance overall. We believe that becoming a legal partner of the conference was perfect fit for our law firm as it well reflected our specialization in modern finance and fintech. See the link here: P2P conference
Law Office Spridzans has assisted angel investor in acquiring substantial share in technology start-up Vivid Tech. The company has developed and started production of innovative displays for in-store marketing, data collection and sales performance analysis.
Law Office Spridzans has joined worldwide network of law firms - Ally Law. Ally Law’s 60+ independent law firms and 2,300+ professionals provide comprehensive legal services to major corporations worldwide. As an organization of mid-size, local law firms, Ally Law eliminates the expensive overhead found in the largest law firms, focusing their attention and resources where it counts—providing the best legal advice possible. Ally Law
Law Office Spridzāns has assisted Latvian Baltic Energy Efficiency Facility (LABEEF) and developed EPFI, a derivative financial instrument for funding any long-term performance-guaranteed projects. The facility was set up by a group of private investors and co-financed by EBRD. The transaction totaled 800 thousand EUR and financed 6 residential housing projects developed by Invesco, a subsidiary of renovation, operation and maintenance specialist company Renesco. Related links: LABEEF EBRD RENESCO
Law Office Spridzāns provided legal assistance to the owner of construction equipment lease platform Bulldozers.lv to secure and structure investment financing. The work involved negotiating and drafting of the investment agreement.
Law Office Spridzāns assisted SIA "LatBAN sindikāts Nr.1", a co-investment vehicle created by 23 business angels to invest in start-up SIA Pulsetip. Firm secured completion of the investment transaction from its initiation, including set-up of Latvian company, cross-border transfer of core business from pre-seed investor and accelerator Blue Lime Labs, transfer of intellectual property and structuring of shareholder base.
Law Office Spridzāns, as a part of business delegation led by ambassador of Latvia in the Russian Federation Mr. Maris Riekstins visited Yekaterinburg - major industrial hub in the central part of Russia. During the visit (February 27-March 1, 2018) the delegation met with members of Ural Chamber of Commerce and Industry and local administration. Law Office has signed an agreement No SKV-L-2016/746 dated September 6, 2016 with Latvian Investment and Development Agency for support within the programme "Promotion of International Competitiveness" which is co-financed by European Regional Development Fund.
Law Office Spridzāns, together with delegation of Deputy Prime Minister, Minister of Economics of Latvia, visited the United States of America. During the visit the delegation participated in conference "Spotlight Latvia" (Chicago, October 26, 2017) and other events, including meetings with largest private equity and risk capital funds of the Silicon Valley. Law Office has signed an agreement No SKV-L-2016/746 dated September 6, 2016 with Latvian Investment and Development Agency for support within the programme "Promotion of International Competitiveness" which is co-financed by European Regional Development Fund.
Class B shares of Deutsche Oel & Gas S.A. accepted for trading on the Alternative market Nasdaq Baltic First North
Law Office Spridzans acted as an advisor to Luxembourg based company Deutsche Oel & Gas S.A. which applied for trading of its existing class B shares on the Alternative market Nasdaq Baltic First North. It took us less than 2 months to prepare acceptable documentation and our client receive positive to start trading on time and was able to fulfil its promises to shareholders. Total amount of the transaction is 219 000 000 EUR. https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=790237&messageId=994247 Date: 05.09.2017
Riga, Nasdaq Baltic Market, August 3, 2017 – Nasdaq (Nasdaq: NDAQ) announces that Law Office Spridzāns is granted the status of a Certified Adviser on the First North market in Latvia as of August 3, 2017 by Nasdaq Riga. Law Office Spridzāns is one of the Certified Advisers who can guide growth companies through the application process to the Nasdaq Baltic alternative market First North and ensure that the companies fulfill all the requirements of First North on a continuing basis. “We congratulate Law Office Spridzāns with the status of First North Certified Adviser. Broader Certified Advisers list provides more opportunities to Latvian
The Law Office assisted Latvian Business Angel Network to found investment vehicle “LatBAN sindikāts Nr.1” (investor syndicate) which is first of its kind in Latvia. It consists of investments from 21 business angels and will invest in a start-up until the end of 2017. We also have made due diligence of a potential candidate and will support the project until the investment is made. Date: 11.07.2017
The Law Office made a research on the most effective structure for equity crowdfunding, co-investment and deal flow management platform under Latvian law. We made sufficient research and drafted full documentation needed for operating purposes. This start-up has passed first investment round and received financing from Development Finance Institution Altum. Start-up has developed Alpha version of the platform and it expects launch to the market until the end of 2017. Date: 01.06.2017