Companies can successfully conduct an ipo with careful planning along with strategic planning and focus on detail.
The first step is to conduct a thorough due-diligence by your investment bank, accounting firm and law firm (auditor). This includes a thorough review of all company financials and documents including historical data and projections for the present, as well as risk factors, and internal controls. This process should begin well before the planned IPO date, to allow companies to solve any potential issues and delay the listing.
After due diligence is complete and the due diligence is completed, the next step will be to draft the registration declaration and prospectus. This involves a thorough examination of the history and performance of the company, identifying and evaluation of financial risks and strategies to raise capital. The ideal scenario is that management should be involved in the writing of these documents since they know the company best and can ensure that the content of the document is in line with their vision of the company’s future.
After the documents are completed they must be filed with the SEC and then listed on a stock exchange. This usually requires the assistance of a financial printer or SEC files, who is knowledgeable about the underwriter style and SEC format requirements. This experience can reduce the risk and responsibility associated with incorrect due diligence submissions. If your team is ready to get started with a private market liquidity solution, Carta’s solutions can delay the listing process and allow you to begin at the ideal moment for your business.
