Go Public Direct

What is a Go Public Direct Transaction?

A Go Public Direct Transaction is a method for a private company going pubic and thus of becoming an SEC reporting company with a Ticker Symbol qualified to trade on the OTC Bulletin Board or the OTCQB/OTCQX markets without pursuing a reverse merger with a public shell. 

What do you need to make it work?

 A Shareholder Base

• Have at least approximately 400,000 company shares or more sold for real value [$.10 per share is a recognized minimum; it can be more] – cash or services or both

• Have approximately 40 or more non-insider shareholders

How do you get this?  We help you by showing you how to offer your securities privately to get this shareholder base.  

Free Trading Stock

The stock your shareholders own must be free trading, that is, free to be sold without restrictions imposed by federal securities laws.

How do you get this?  

The most common way is to register the stock owned by your stockholders sold in the private placement described above on SEC Form S-1.

Become an SEC Reporting Company

How do I do this?

The filing of the SEC Registration Statement on Form S-1 or Form 10 to make your stock free trading as described above automatically makes you an SEC reporting Company.  

How is a Go Public Direct Transaction Similar to and Different Than a Reverse Merger with a Public Shell?

A Go Public Direct Transaction is in many ways similar a Reverse Merger with a Public Shell.  The most significant similarity is that all of the same information you must provide the SEC in the registration statements described above, including audited financial statement, must be prepared and filed with the SEC essentially when you close the reverse merger with the shell.  So you do not avoid preparing SEC disclosure documents or doing the required SEC audit by doing a reverse merger with a public shell rather than a Go Public Direct transaction.

A Go Public Direct Transaction is in several ways different than a Reverse Merger with a Public Shell.  The primary difference is that the SEC does not review the disclosure and audit information filed with a reverse merger with a public shell while they do review and comment on that information in a Go Public Direct transaction.  However, because of the time necessary to source and vet a public shell for a reverse merger transaction, reverse mergers do not necessarily take less time that a Go Public Direct transaction.

To learn more about the Go Public Direct Process, schedule a Free, No-Risk Consultation.