![]() ![]() It was in direct violation of AIM Rule 1, which states “admission of a company’s securities to trading will be canceled if a replacement NOMAD is not appointed within a month.” On May 20, 2020, a casino supplier, Nektan, was removed from the AIM after it did not appoint a new NOMAD within one month of entering the exchange. In fact, the AIM requires the employment of a NOMAD to continue to be listed on the AIM. Nominated advisors are essential to a company’s success on the AIM.
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