Because private placements can be completed in less time, at lower cost and often with greater predictability than public offerings, they can afford a very attractive alternative to raising capital in the public markets. Our private placement services include creating the capital plan, structuring the financial terms, drafting any necessary memoranda and providing marketing advice. Our experience and long-standing relationships with major financial institutions, venture capital firms, and institutional investors provide valuable resources in consummating private placement transactions in a timely manner and on the best terms available. Our team members’ extensive experience in public offerings helps us price and structure early-stage financing that is consistent with the client’s long-term capital requirements and, where appropriate, its later transition to public company ownership.
If an initial public offering best serves the client’s interests, we will identify and negotiate with a retail or institutional brokerage firm that is best suited to act as lead underwriter for the particular transaction. When size and geography of the offering warrant further support, our close working relationships with other regional and national firms enable us to select an additional investment banker to co-manage the offering. Our team members have experience in public offerings of debt and equity securities, in both initial public offerings and secondary offerings of corporate stocks and bonds. Our sponsorship continues in the after-market where we coordinate meetings between management, analysts, and institutional investors, as well as introduce the client to firms specializing in investor relations. In addition, we provide management with advice on the company’s role as a newly public entity.
For companies who aren’t looking to raise capital through an IPO but want to create liquidity for shareholders and open the door to future public offerings, other go-public options may be a better fit. Market conditions, reasons for listing on a public market and planned business activities can all inform both the best pathway and most appropriate exchange. Our team has extensive experience structuring Reverse Takeovers (RTOs, aka Reverse Mergers), drafting registration statements to list shares on an exchange and in securing the involvement of market makers and other firms to meet requirements for listing and establishing a liquid market. We also have extensive experience and a network of partners to support listings on exchanges ranging from the NASDAQ and OTC in the U.S. to the TSE and CSE in Canada as well as markets like the NEO Exchange who are opening the markets to more companies and redefining the role of the exchange.
