1、ContentsWhat is an initial public offering(IPO)?4681012141821232628303542Where can you list your company?Why are you going public?How can you structure your IPO?ContactsWhen can you go public?Who are the key players?The EY team-with you all the wayMotivations for going publicThe EY IPO value journey
2、Alternative financing strategiesIPO readiness assessmentPros and cons of going publicCritical success factorsGuide to going publicStrategic considerations before,during and after IPOGuide to going public54What is an IPO?An initial public offering(IPO)is the sale of a companys shares to the public an
3、d the listing of shares on a stock exchange for the first time.Through the issuance of new shares to the public investors,it allows a company to raise capital in order to build and expand its business.Companies that are fully prepared will be able to create value and fully Companies that have comple
4、ted a successful IPO know the process involves the complete transformation of the people,processes and culture of the organization from a private enterprise to a public one.Preparation is critical.Successful IPO candidates often spend two years or more building business processes and infrastructure,
5、recruiting executive and advisory talent,getting in front of financial and reporting issues,and mastering the essential board of directors commitments to go public.During the journey to become a public company,an organization must prepare not only for the defining moment of the IPO ceremony the ring
6、ing of the bell but also for a whole new phase of corporate life after the IPO takes place.Thats why those that outperform the market treat the IPO as a long-term transformational process,an IPO journey.The EY team is a key member of your external IPO team.EY teams have worked with business owners a