LISTING SERVICES
Listing Services
Proven Track Record Across European Capital Markets
With more than 18 years of experience and over 70 successful listings, ArmanexT is the leading advisor supporting companies seeking admission to Europe’s leading alternative capital markets.
LISTING SERVICES
Markets We Operate In
Official Listing Sponsor and Registered Advisor across Europe’s leading capital markets
We support companies of all sizes—from fast-growing SMEs to established international businesses—through every stage of the listing process, ensuring regulatory compliance, operational efficiency, and transparent communication with investors.
ArmanexT is the first Spanish firm authorised as a Listing Sponsor by Euronext and serves as an official Registered Advisor for BME Growth, BME Scaleup, Portfolio Stock Exchange, and Securitize.
Where do we operate as an Official Registered Advisor?

The first Spanish firm authorised to act on Euronext Access and Euronext Growth. We advise mid-sized companies on selecting the most suitable market and manage the entire preparation and admission process through to listing.

We advise companies on selecting the market that best suits their strategy while managing the entire admission process, including documentation, coordination with external advisors, and regulatory approval.

A Spanish stock exchange offering both primary issuances and secondary listings on a single platform. It integrates custody and post-trade services for issuers and investors.

A Spanish digital asset market built on blockchain technology, providing custody and post-trade infrastructure for a wide range of issuers and investors.
BENEFITS OF GOING PUBLIC
Why List on a Stock Exchange?
Discover the competitive advantages that public listing offers to support your company’s growth, expansion, and long-term success.
Access to Growth Capital
Raise capital through new financing alternatives beyond traditional bank lending, with greater flexibility and institutional support.
Enhanced Visibility and Reputation
Becoming a listed company significantly strengthens your credibility with clients, business partners, and investors.
Stronger Corporate Governance
Adopting the governance standards, internal controls, and financial reporting practices required by public markets enhances operational excellence.
Fair Market Valuation and Liquidity
Public trading provides an objective market valuation while facilitating liquidity for existing and future shareholders.
International Expansion
Access to European capital markets increases your company's international visibility and attracts a broader base of institutional and private investors.
Transparency and Investor Confidence
Ongoing disclosure obligations and regulatory compliance reinforce trust among investors, stakeholders, and the wider market.
Is Your Company Ready to Go Public?
LISTING PROCESS
Steps to List Your Company on a Capital Market
Your company can be listed in as little as 4 to 6 months.
01
Assessment
We evaluate your company's readiness before investors do.
02
Preparation
We build the foundations that transform your business into a compelling investment opportunity.
03
Execution
We manage the entire listing process through to successful completion.
SME GUIDE
An increasing number of SMEs are discovering that going public is both an accessible and strategic growth opportunity. Download our SME Guide to learn everything you need to know about accessing the capital markets.
OTHER SOLUTIONS
Additional Services for SMEs
Financing
We advise and coordinate financing solutions through both debt and equity, leveraging our access to leading Private Equity funds, Family Offices, and private investors. For transactions involving retail shareholders, we manage IPOs and secondary offerings in collaboration with leading underwriting banks.
Investor Relations
We develop your company's investor relations strategy and corporate positioning, supporting communication with shareholders and investors throughout both the listing process and your ongoing life as a listed company.
Pre-Market
We help companies prepare to meet all the requirements for admission to public markets, including corporate governance, investor relations, audits and financial reporting, internal controls, strategic planning, regulatory compliance, and other key listing requirements.
Market Impulse
The ideal starting point for companies considering a future listing but not yet ready to access the market.
Through a comprehensive assessment, we evaluate your company's level of readiness, identify the key areas requiring improvement, and provide a clear roadmap to ensure a structured, efficient, and successful path to the capital markets.
FAQ
Is My Company Ready to List on an Alternative Market?
Can an SME Go Public?
Yes.
An SME can be admitted to an alternative market provided it meets the appropriate financial, corporate governance, and transparency requirements.
What Does It Mean to List on an Alternative Market?
Listing on an alternative market means that a company’s shares are admitted to trading on an organised market, subject to ongoing financial reporting obligations and the disclosure of material information to investors.
Which Alternative Markets Are Available for SMEs?
The main alternative markets for SMEs include:
- BME Growth
- BME Scaleup
- Euronext Growth
- Euronext Access
- Portfolio Stock Exchange
Each market has its own admission requirements and ongoing compliance obligations.
What Are the Basic Requirements for a Company to Go Public?
A company should have:
- A proven and operational business model.
- Audited financial statements.
- A well-structured shareholder base.
- A clearly defined strategic plan.
- The ability to comply with ongoing reporting and disclosure obligations.
Is It Mandatory to Raise Capital Before Going Public?
No.
A company may begin with a technical listing without carrying out a significant capital raising at the initial stage.
What Is a Technical Listing?
A technical listing is the admission of a company’s shares to trading without conducting a significant public offering at the time of listing.
What Is a Private Placement?
A private placement is a capital raising transaction offered to qualified investors before, or alongside, admission to the market.
What Is an IPO (Primary Offering)?
A Primary Public Offering (IPO) is the issuance of new shares to raise capital from investors in the market.
What Is a Secondary Public Offering?
A Secondary Public Offering is the sale of existing shares by current shareholders, without raising new capital for the company.
What Are the Main Benefits of Going Public?
- Access to alternative sources of financing.
- Diversification of funding sources.
- Enhanced corporate governance and professional management.
- Greater visibility and market credibility.
- Improved liquidity for shareholders.
- Easier execution of corporate transactions.
What Changes Within the Company After Going Public?
A listed company adopts:
- Formal corporate governance structures.
- Regular financial reporting.
- Mandatory disclosure of material information.
- Ongoing regulatory and market supervision.
What Are the Steps to Go Public?
- Assessment and preparation.
- Formal admission process.
- Ongoing compliance as a listed company.
Is It Mandatory to Appoint a Registered Advisor?
Yes.
On alternative markets, companies are required to appoint a Registered Advisor (or Listing Sponsor, depending on the market) to guide them through the admission process and support ongoing compliance after listing.
LET'S GET STARTED
Ready to Access the Public Capital Markets?
Our team of experts is ready to guide you through every stage of your listing journey—from the initial assessment to ongoing post-listing support.