Woodbrook Group prepares for Nasdaq listing

The Cyprus-based financial advisory firm headed by Waterford native Michael Doherty has bought a US company in a move which paves the way for a listing on New York’s Nasdaq market

Woodbrook Group CEO Michael Doherty

Woodbrook Group, the Cyprus-based financial advisory firm headed by Waterford native Michael Doherty, has bought a US company in a move which paves the way for a listing on New York’s Nasdaq market.

Woodbrook is buying the US company in partnership with Inter-M Traders, with 45-year-old Doherty becoming chief executive and president of the restructured business.

The reverse takeover is part of the company’s preparations to meet the requirements for a Nasdaq listing.