Taking a company public can provide significant benefits for the entrepreneur, management team and shareholders of the private company. Going public provides companies with stock and options plans to provide employee incentives, acquire assets or other businesses, increase shareholder liquidity and maximizes company valuation. All else being equal, a public company has more ways to capitalize on business opportunities. The disadvantages of being public are largely limited to the accounting and legal costs as well as the time it takes to remain current in regulatory filings. Taking a company public can be a life changing event and create significant wealth.

Contact us at 516-509-8132 to learn more about taking a company public.

An IPO (initial public offering) can generally be completed in six to ten months. The time consuming part of the process involves the preparation of accounting and audited statements, drafting the registration statement, SEC review and raising the required capital.

The process has a fairly tight time range. It can’t be completed too quickly because of the various complex steps that need to be handled sequentially rather than concurrently. However, an experienced IPO team can ensure the timeline is kept to a minimum.

Contact us at 516-509-8132 for more information.

An IPO (initial public offering) follows a standard process.

Private companies must:

> prepare their accounting statements,
> obtain an audit from a qualified accounting firm,
> draft a registration statement,
> file the registration statement with the Securities and Exchange Commission,
> address all SEC comments,
> satisfy blue sky requirements for secondary trading,
> obtain DTC eligibility,
> submit an application with the relevant stock exchange,
> address all exchange comments and
> begin trading.

Sounds easy, but it’s a complex process with many details and issues that need to be properly addressed.

You can do it yourself or you can engage our services to help you. Contact us at 516-509-8132 for more information.

The BX Venture Market is a great way for small to medium size companies to obtain the trust, credibility and benefits of a U.S. stock exchange without having to satisfy the strict requirements of the New York Stock Exchange or NASDAQ. The BX Venture Market has lower listing requirements but similar corporate governance requirements.

The initial listing requirements are as follows:
> 200,000 shares in the public float
> 200 round lot public shareholder (100 shares)
> $2 million in market value of the listed securites
> 2 market makers
> $1.00 bid price
> $1 million in equity or $5 million in assets
> 1 year operating history
> Sufficient working capital for next 12 months
> Basic corporate governance requirements

We can assist your private company become publicly listed on the BX Venture Market. Contact us at 516-509-8132 for more information.

An initial public offering (IPO) refers to a transaction whereby a private company raises investment capital by selling shares to the public through an investment banking firm. Investment bankers generally represent private companies who can generate meaningful institutional and/or retail interest in their offering so a commission can be earned. Small to medium size private companies without strong financial results or consumer awareness find it impossible to retain the services of reputable investment banking firms. As a result, the vast majority of private companies elect to go public and raise money by completing a direct public offering (DPO). In direct public offerings, the company itself raises money (usually through friends, family, employees, customer, suppliers, etc.) and an investment banking firm is not required. While some companies prefer to hold out for an initial public offering most companies can benefit by completing a direct public offering which can be completed at anytime.