NewConnect is an alternative stock exchange allowing smaller companies to float shares.
The exchange is conducted outside the regulated market as a multilateral trading facility.
Compared to the main market of Warsaw Stock Exchange, NewConnect offers lower costs for floated companies, simplified entrance criteria and limited reporting requirements.
Its aim was to provide financing and place of exchange for shares of smaller companies that listed on the main market of the Warsaw Stock Exchange.
As of November 2021, there were 376 companies listed on the NewConnect with a market capitalisation of PLN 18.862 billion.