Page 1 of 6THE IPO PROCESSPage 2 of 6Why Do Companies Go Public?Fund Growth PlansCurrency for M&ARecap (retire debt)LiquidityEmployee compensationEnhanced ImageLandlordsCreditors/SuppliersRecruiting/RetentionPage 3 of 6Underwriter’s CriteriaCompany CharacteristicsGrowth ProspectsPredictability of ResultsManagement TeamHistorical Track Record–Size;ProfitabilityFirst Mover AdvantageSponsorshipPage 4 of 6Underwriter’s CriteriaSector/Market CharacteristicsOverall SizeGrowth RateCompetitive DynamicsComparable Companies’ PerformanceInstitutional AppetitePage 5 of 6Underwriter’s CriteriaIPO Market ConditionsBacklogCash Inflows to Mutual FundsDeals Pricing Below/Within/Above RangeWithdrawn vs. Completed OfferingsMarket Performance of Recent IPOsStable Economic ClimatePage 6 of 6Underwriter’s CriteriaFirm FocusResearch ExpertiseDistribution CapabilitiesCorporate Finance FocusChemistryGeography (retail offices)Preview ModeThis document has 22 pages. Sign in to access the full document!Download Now!Report