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Going Public Solutions Claridge & Associates, Ltd. specialize in assisting small to mid-size emerging businesses toward going public. We have considerable experience and knowledge in aiding companies in becoming publicly traded through DPOs (Direct Public Offerings), IPOs (Initial Public Offerings) and Reverse Mergers. We also provide consulting services in private placement preparation, compliance and public company filings. There are a number of methods of "going public" for small businesses: Direct Public Offering - A Direct Public Offering (DPO) is not only a fast and relatively inexpensive method of going public; it also allows the company to retain the maximum percentage of ownership. Examples of DPOs include Private Placements, Regulation S and S-1 offerings and Spin-Offs. The company can then apply for listings through a market maker on the NNOTC Electronic Bulletin Board or the OTC QX (Pink Sheets). Initial Public Offering - To seek going public through an IPO, the company must enlist an underwriter to raise money and take the company public through either a "guaranteed" offering or a "best efforts" offering. The underwriter charges a number of fees along with a broad stock option program. It can take nine to eighteen months to get approvals. Risk and time factors along with huge fees make an IPO a costly undertaking. Reverse Takeover - A Reverse Takeover (RTO), otherwise known as a Reverse Merger, occurs when a private company merges with a publicly-traded company. The major advantage of a Reverse Takeover is that the private company can become a publicly-traded corporation within thirty-one days. The major disadvantage of this method is its costliness. We regularly represent clients in Reverse Takeovers, including purchases of public and private companies. Costs for a privately held or publicly held company (non-reporting or reporting) varies depending upon the market place where the company trades, and the percentage of free shares and restricted shares available. We represent both buyers and sellers in the following markets of private and publicly traded vehicles: - Non-Trading/Non-Reporting
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