The experience of your board and professional advisers will be a major factor in determining how smoothly you will make the transition.
The experience of your board and professional advisers...
As you go through the IPO process, the experience of your board, management team, and professional advisers, as well as your readiness to operate as a public company, will be the major factors in determining how smoothly you will make the transition to operating as a public company.
Implement strategic operating plans
Going public was a strategic decision. Funds were raised to help accomplish those strategic plans. Now that you have the money, you are expected to follow through.
As a public company, you are required to comply with securities legislation and the rules of applicable stock exchanges. Regulators do focus on the governance of public companies, and their expectations of boards of directors as well as board committees continue to evolve. Public companies must meet extensive continuous disclosure requirements.
With the offering completed, your new shareholders, potential shareholders, and the investment community at large all have an ongoing interest in the affairs and results of your company. Developing a proactive and ongoing investor relations strategy is a critical component in sustaining an active after IPO interest in your company.