On 21 January, representatives of Endover’s subsidiary Volta SKAI OÜ rang the traditional Nasdaq opening bell. Trading in the company’s secured bonds began at the end of December on the Baltic Exchange’s alternative market, First North.
Endover CEO Roul Tutt noted that the oversubscription of the issue confirmed the strong interest in Volta SKAI’s secured bonds, while the exchange also enables new investors to participate: “I believe that today, alongside a company’s reliability and margin, a sense of security is no less important – and this is where secured bonds have a significant advantage. The project is progressing successfully – pre-sales in the first Volta SKAI tower performed very well, and we have now launched public sales. The price list for Volta SKAI apartments will be published on the website tomorrow. We thank our investors for their trust and look forward to meeting you again in our upcoming projects,” Tutt added.
“It is a great pleasure to see Volta SKAI moving steadily forward in implementing its vision. The admission of the bonds to trading on First North connects their ambitions with committed investors and provides a solid foundation for the company’s continued growth,” said Kaarel Ots, Head of Nasdaq Tallinn and the Nasdaq Baltic Exchanges.