Going Public

Silicon Valley has long debated the merits of staying private for longer. The debate continues under current market conditions, as unicorns continue to raise giant sums of capital in the ...

Management’s Discussion and Analysis (MD&A): Additional Form S-1 contents includes sections such as Risk Factors, the “Cap Table”, the Business, Financial Statements, a discussion of Executive Compensation, the Management/Board, and ...

The Prospectus Summary is the most read part of S-1 and includes:

Drafting the Form S-1 can take 30 to 60 days and the SEC review takes approximately 75 to 120 days from the initial filing. The entire process can take more ...

Key considerations include:

According to a recent PricewaterhouseCoopers study, between January 2015 and December 2022, the average going public costs of a company that had annual gross revenue of $250M to $500M in ...

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 ...

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 ...

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 ...

A couple of things to think about:

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 ...

Key elements to consider include:

Advantages to being a public company: Disadvantages to being a public company:

While the IPO market’s annual fall pickup was not as robust as anticipated, Q3 2024 still produced 37 IPOs, raising a combined $8.0 billion. Although markets stumbled (as they often ...