How Do You Turn A Private Company Public?
Taking a private company public has advantages, but is not without risk. The main draw of doing so is allowing your company to raise capital in a relatively short period of time from the Initial Public Offering. Putting your business on the public stage and gaining investors allows you to grow through the value of your stock and gain awareness for your business. This is all provided that your company performs well, of course. Retain a law firm to assist in the preparation of documents needed for initial prospectus. There are financial statements, business relationships, and legal procedures that need to be divulged to prospective buyers. These can only be prepared by people with expertise in the area. Obtain Underwriters. Underwriters are found at investment banks. It is the job of the underwriter to agree to promote your company for the initial public offering (IPO), and also to determine the number of shares and the price of the IPO. The investment bank will buy your company’s shares
