Does My Company Qualify To Go Public?

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Going Public can involve a variety of structures depending upon each company's specific needs. Companies seeking to Go Public can involve an Initial Public Offering (IPO), Direct Public Offering (DPO), [https://www.securitieslawyer101.com/2014/difference-form-10-form-s-1-registration-statements/ Form 10] transaction, Slow Public Offering and/or a Reverse Merger. It is critical that companies seeking public company status select the right going public attorneys for their transaction. A skilled [https://www.securitieslawyer101.com/2015/going-public-strategies-going-public-attorneys/ going public attorney] can assist issuers seeking to "Go Public" without an underwriter or reverse merger by using a Direct Public Offering and obtaining their own stock ticker symbol. This holds true for company seeking to Go Public on the NYSE, AMEX, NASDAQ, OTC Markets OTCQB, OTCQX or OTC Pink Sheets.

Going Public Eligibility, Listing & Requirements

The OTC Markets OTCQB, OTCQX and/or OTC Pink Sheets have NO asset and NO revenue requirements for going public. Numerous small businesses go public first on either the OTC Markets OTCQB or the OTC Pink Sheets, then uplist to higher market or exchange. Moving from private to public company status can be structured numerous ways and to determine which method is the best, a company must consider a variety of factors including the amount of capital needed, resources available, the number of shareholders it has, skills of its management and its financial condition.

Some issuers interested in going public conduct a Direct Public Offering so they can begin trading on the OTC Markets OTC Pink Sheets because of the cost and management time required for Securities and Exchange Commission (SEC) reporting. To list on the OTC Markets OTC Pink Sheets, there are NO audits or periodic [https://www.securitieslawyer101.com/2014/form-s-1-registration-statement-lawyer/ SEC] reports. For companies with the required shareholder base and unrestricted [https://www.securitieslawyer101.com/2015/sec-integration-going-public-attorneys/ securities], an OTC Pink Sheet listing is a viable solution. A company can initially begin trading on the OTC Pink Sheets if they want to Go Public quickly and, if they choose, can trade on the OTCQB later at a later time if they qualify with minimal effort. The OTC Pink Sheets provides many companies with an effective going public strategy. A skilled Direct Public Offering attorney can assist the company with a direct listing on the OTC Pink Sheets.

Going Public Structures

There are a variety of ways of Going Public each with its unique benefits and risks. One way for a company to Go Public is by conducting an Initial Public Offering with an underwriter. Companies can also go public using a direct public offering without a underwriter. But these are only two common structures. There are many other methods including the Slow Public Offering and the Form 10 transactions. Both Slow Public Offering and Form 10 transactions can be structured numerous ways. Only a skilled Going Public [https://www.securitieslawyer101.com/going-public-attorneys/ attorney] can assist the company in determining the most time and cost effective method.

Regardless of the structure, Going Public assists companies in their raising capital endeavors. Many investors seek to become seed shareholders in Going Public transactions. Once public, the company can transition into larger securities offerings.

We assist companies in the transition from private to public company status and in structuring their subsequent securities offering.

Regardless of the structure chosen for the [https://www.securitieslawyer101.com/2015/roadmap-successful-direct-public-offering/ going public] transaction, the company must meet the requirements of the Financial Industry Regulatory Authority as well as the Securities and Exchange Commission. While the SEC oversees the [https://www.securitieslawyer101.com/2015/sec-integration-going-public-attorneys/ securities] registration statement process and SEC reporting, it is FINRA that assigns ticker symbols.

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⏰ Last updated: Apr 15, 2015 ⏰

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