What board and stockholder matters are important in preparation for going public?
Familiarize yourself with your corporate documents, such as your charter, bylaws and financing documents, to better understand the impact of the IPO process. The potential liability for directors and officers is much higher in public companies than private companies, and it is crucial to keep this top of mind. Post-IPO securities litigation is common […]
What steps should you take regarding investor relations in preparation for going public?
When a company is gearing up to go public and after it has gone public, it is key for a dedicated Investor Relations professional to work in partnership with the office of the CFO to handle the following investor relations:
What accounting considerations are important in preparation for going public?
Your finance team and auditors should be ready to review the most recent quarter and consider whether including quarterly financials will require additional time to finalize, regardless of how many quarters you plan to disclose.
What steps should you take regarding corporate structures and governance mechanisms in preparation for going public?
What are essential internal hires to make before going public?
A couple of things to think about:
Do you have the right team to go public?
Do you have experienced advisors, including lawyers, auditors and financial consultants, and investment bankers? Advisors who regularly work with the SEC and investment bankers who truly understand your market sector will actively assess potential challenges, streamline the transaction process, and prevent common obstacles that can delay offerings, create disclosure concerns, complicate and ultimately delay or […]
Do you have the key elements in place to go public?
Key elements to consider include:
What are IPO investors expecting in the current climate?
What are key advantages and disadvantages of being a public company?
Advantages to being a public company: Disadvantages to being a public company:
Foley Advises Cordatus Capital in Partnership with Red Dot Buildings
Foley & Lardner LLP served as legal advisor to Cordatus Capital in its majority investment in Red Dot Buildings, a leading full-service, value-add manufacturer of complex metal building systems. Red Dot designs, fabricates, and erects pre-engineered metal buildings across the southern United States, distinguishing itself within the industry by specializing in highly technical steel structures. […]