Underwriter

Offering Price
Discount
Pre-requisites Underwriter

Perceived Investor Demand

Develop Business Plan Book building activities

Marketing Experience
Instate Qualified
Investor Demand Forecast
Management Team

Past IPO valuations

External Board of Directors Red-Herring

Industry Comparables

Develop performance
Road Shows
measures and projections Equity Issuance Process
Hire Underwriter

Post IPO price stabilisation

Audit Financial Statements Board Meeting with management,
activities
Track Record underwriters, accountant and legal

Issuance of letter or intent by the

Distribution Capabilities
underwriters

Analyst Report Support Prospectus Issue by the company

post financial Due-Diligence

Compensation Filling of registration statement with

SEC and review

Quiet Period - Restriction on Publicity

Market-Making Support
that could impact investors