IIBEX Integrated Team
It is difficult to determine exactly what
it will cost because the services will have to be determined based on the
goals and strengths of the company.
Generally speaking, expenses fall into two categories: direct costs and
pricing costs. The direct costs of a listing include items such as legal
expenses, underwriting commissions, accounting costs, Exchange filing fees
and printing costs. Variables such as the complexity of your offering and
the availability and accuracy of current supporting documentation, such as
financial statements, appraisals, and expert reports can add or take away
time, as well as money, in the listing process. Direct costs can also be
greatly influenced by the size of the offer, the number of shares being
listed, and the number of jurisdictions where the company is filing a
prospectus.
Most professional services fees are charged up front and are not
reimbursable if the listing process is unsuccessful. However, certain
charges, including printing costs and the underwriter/investment dealer’s
commission, are only incurred once the funding from a listing has been
secured.
The indirect costs represented by under pricing of an IPO is
characteristic of all financial markets, not exclusive to those in North
America. This cost to the company represents a loss because less of the
proceeds are available to the company for its use.
The IIBEX Integrated Team can facilitate the
process in a number of ways.
