Go Public the Right Way
Our site aims to advise companies going public on the Over the Counter (OTC) markets such as the Pink Sheets, OTCBB (Over the Counter Bulletin Board) and national exchanges such as the NASDAQ (National Association of Securities Dealers Automated Quotations). Even start-up companies can go public on the Pink Sheets and OTC Bulletin Board since these venues do not have asset or revenue requirements like their larger counterparts. NASDAQ. Pink Sheet and OTC Bulletin Board companies still have a solid chance at raising capital, and there are many advantages of going public.
Going Public by a Reverse Merger with a Public Shell
A reverse merger with a clean public shell is still a very popular and effective means of going public. While many “public company consultants” will use scare tactics to dissuade you from a reverse mergers with a public shell it is simply because their goal is to become entrenched in your company. Instead merely assisting you in going public, they will require that they retain a substantial amount of your company stock to assist you with Registration Statements that must be filed by a securities attorney anyway.
Regulations regarding reverse mergers are always changing; consequently it is more important than ever before to retain a securities attorney you can work with for the long haul. Please see our list of attorney’s in the Directory section.
You need a diligent and reliable securities attorney with years of experience. They should be well versed in all aspects of public offerings, the going public process, reverse mergers, forward mergers, the 15C-211 application process, S-1 Registration Statements, and all other aspects of going public. Moreover, securities laws and the interpretation thereof are always evolving. Securities law cannot be practiced part-time.
Going Public Advice
If you are considering going public directly, through an S-1 Registration Statement or want to go public through a reverse merger with a public shell, contact a securities attorney. A securities attorney will advise you on private placement memorandums (PPM), reverse mergers, forward mergers, raising capital, how to go public. Other topics will include public shell companies, due diligence, start-up capital, seed capital, market makers, how to take your company public, and how to raise capital as a public company.
Going Public Professionals
Our site will give you a full overview of market makers, PCOAB auditors, EDGAR filers, transfer agents, and other industry professionals who are integral to the process of going public and completing reverse mergers with public shells.
Once you go public these aforementioned professionals will act as your public company support team. Having these relationships in place beforehand allows the going public process to be virtually seamless. They will assist you, the public company, whether you are conducting a direct public offering (DPO), performing audits, or simply fulfilling your mandatory SEC reporting requirements.
Go Public Process & Procedures
The attorney you pick should simplify the going public process for corporate officers unfamiliar with how to go public, and also provide clarification of terms like: 15c211, reverse merger, market maker, Regulation D, Rule 504, Rule 506 equity offerings, corporate finance, direct public offering (DPO), raising capital, capital sourcing, GAAP Standards, capital formation, and public shell corporation.
Going Public, Reverse Mergers and Public Shells
Traditionally, many companies still opt to initiate a reverse merger with a public shell when going public. Make sure your attorney can handle all aspects of due diligence on the she public shell to be acquired including research into all S-1 Registration Statements, Rule 15c211 applications, Form 8-K, 10-K, or 10-Q, previous reverse mergers, all EDGAR (Electronic Data Gathering, Analysis, and Retrieval) filings and of course, any previous capital raises.
The alternative to a reverse merger with a public shell would be going public direct through an initial public offering or private placement followed by re-sale registration statement both using the Form S-1 Registration Statement.
Probably the least expensive way to go Public is to file what is known as a 15C-211 with FINRA, soup to nuts this should cost less than $50,000 and take about 3 months. You will need a securities attorney, market maker and transfer agent. You will in such a case also need to become DTC eligible which typically is an additional fee of up to $10,000 to your market maker who will file on your behalf the attorney prepared documents.
