As improved IPO conditions emerge with the recovering economy, the number of private companies looking to access the equity markets is growing. While among the most rewarding transactions a company can undertake, an initial public offering is also among the most daunting. Insufficient preparation is not an option: A company must be ready to meet shareholder, regulatory, and market expectations from day one. Thinking through these realities well before setting an IPO in motion, and then devising a clear roadmap, is the key to successfully navigating a private company into, and then through, public life.
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