Going Public Direct Blog

In the Securities Act of 1933, the “Selling Stock Act,” the statutory framework for Private Placements is set forth in Section 4(2) of the 1933 Act as “transactions by an issuer not involving a public offering.” 

In the Securities Act of 1933, the “Selling Stock Act,” the statutory framework for Private Placements is set forth in Section 4(2) of the 1933 Act as “transactions by an issuer not involving a public offering.” 

This month we’ll begin a series of blogs about Private Placements: Selling Your Stock without Filing a Registration Statement with the SEC.

Unless your company has an underwritten IPO, you almost certainly cannot go directly to NASDAQ.

For many companies going public that start on the OTCBB/OTCQB, their goal is to move up to a higher market.  One higher market is the OTCQX.

Only a Market Maker can file a Form 211 with FINRA to get your company a Ticker Symbol as part of the Going Public process. You cannot file with FINRA directly.  Your SEC counsel cannot file it for you either.  Only a specialized FINRA registered stock brokerage firm called market maker can file the Form 211 and communicate with FINRA concerning the Form 211 filing.  

This is the first of two blogs about the non-SEC part of GoingPublic and securing a Ticker Symbol:  The Financial Institution Regulatory Authority, or FINRA.
 

Attracting and retaining talented management and employees is another way to help you increase your revenues.  You can use stock and stock option plans to attract and retain talented management employees.  

One way to grow your company to a size where it will attract interest from large U.S.institutional investors, hedge funds and FINRA broker/dealers is to acquire other businesses.  Why does going public in theU.S.capital markets through a Go Public Direct transaction help you acquire other businesses?

Do not underestimate the importance of the increased prestige and standing you and your company will enjoy as a result of successfully going public in theU.S.capital markets.