Company executives attribute “one transaction per business day” growth to document accuracy and transparent billing practices
NEW YORK, May 6, 2013 /PRNewswire/ — Vintage Filings, the financial printing, EDGAR, and XBRL filing division of PR Newswire, today announced their 10th Anniversary of providing SEC compliance solutions to law firms and public companies. In celebration of the anniversary and to showcase Vintage Filings’ new in-house drafting workspace, the company released a brief video.
“Over the past 10 years, the financial printing industry has undergone an incredible transformation, driven by many factors including SEC regulations and of course the internet,” said Liam Power , the firm’s Senior Vice President. “Proudly, within those 10 years, Vintage Filings has revolutionized the industry – growing to become one of the top three SEC filing solutions in North America.
As one measure of how much we have grown, last year we processed over 250 S-1s, S-11s, S-4s and other transactions. That’s one each business day.”
Initially, Vintage Filings began as a straightforward EDGAR filing service. However, in reaction to the scathing reports of the egregious billing practices of many financial printers that went public in the mid-2000s, Vintage Filings executives realized that their core values of accurate work with a predictable fee structure was needed for registrations’ drafting and transactions filing work as well. Their business model for S-1, S-3, S-11 and other corporate transactions broke the stranglehold that many clients felt the legacy brick-and-mortar financial printers held on them. Importantly, with Vintage Filings, companies and law firms can predict and exactly budget their transactions’ costs.
Scott Mozarsky, PR Newswire’s Executive Vice President and Chief Commercial Officer commented, “PR Newswire acquired Vintage Filings over 5 years ago, and the purchase has been terrific for our clients and prospects. For Vintage Filings’ clients, PR Newswire added a complete, new layer of professional support including expanded offices for IPO drafting sessions, deeper technical resources and richer industry knowledge. For example, moving beyond their initial S-1 filing, IPOs will have the full strength of our investor relations services to guide all their shareholder communications and disclosures,” continued Mozarsky.
“For PR Newswire clients, Vintage Filings dramatically simplified their regulatory filing workflow. Saving the CFO and IRO time is the most valuable benefit of all.”
The company now has sales and service offices in New York, Los Angeles, San Francisco, Cleveland and Chicago. Click hereto request more information about any of their services.
About Vintage Filings
PR Newswire’s Vintage Filings division is a full-service financial filing and printing firm and a leading partner for all your XBRL filing needs. With more than 4,500 public company clients, Vintage is one of the fastest growing compliance firms nationwide. Vintage partners with its clients to provide the knowledge and service necessary to meet the SEC’s ever-changing filing regulations. Vintage Filings provides high-quality, cost-effective compliance filings and production services, including EDGAR Filings, typesetting, XBRL tagging, section 16 filings, investment management services, drafting sessions, virtual data rooms (VDR) and more.
About PR Newswire
PR Newswire (www.prnewswire.com) is the premier global provider of multimedia platforms that enable marketers, corporate communicators, sustainability officers, public affairs and investor relations officers to leverage content to engage with all their key audiences. Having pioneered the commercial news distribution industry 59 years ago, PR Newswire today provides end-to-end solutions to produce, optimize and target content — from rich media to online video to multimedia — and then distribute content and measure results across traditional, digital, mobile and social channels. Combining the world’s largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, PR Newswire enables the world’s enterprises to engage opportunity everywhere it exists. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and the Asia-Pacific region, and is a UBM plc company.
CONTACT and MEDIA INTERVIEWS
Bradley H. Smith
Director of Marketing, Investor Relations and SEC Compliance Solutions
201 942 7157
SOURCE Vintage Filings