How and when do the various professional advisers charge for their services?
In relation to an IPO, the broker is typically paid in cash from of the gross proceeds, if the transaction is successful, with the occasional inclusion of share options and warrants. The other professional advisers are paid in cash as they perform their services. Your company should be prepared to and able to pay between $100 – 200k out of pocket during the process. Post-IPO services are paid in cash in the normal course of business.
