Here’s Why More Companies Are Filing Confidential IPO Paperwork

back to President Barack Obama’s 2012 JOBS Act, which allowed companies with less than $1 billion in annual revenue to file S-1 IPO paperwork confidentially.to leverage the confidential IPO when attempting to go public, which proved to be a very popular option in the following years.

“The biggest advantage of confidential filings is withholding information from competitors for a few months, compared to a traditional filing that everyone could see,” explains Jay Ritter, a finance professor at the University of Florida who is known as “Mr. IPO” for his work on initial public offerings.

ایران آخرین اخبار, ایران سرفصلها

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