If you are a pre-IPO company, there is a key research report published by Timothy J. Keating, founder and President of Keating Investments. Mr. Keating performed detailed analysis of IPO pricing for the past 12.5 years to see if there was a strategically opportune time for a company to price. I encourage you to download (PDF) this report. It is a very accessible read.
From his research:
“Contrary to conventional wisdom, and after allowing for prevailing technical market conditions, the IPO market is in fact systemically open most of the time…
… On a systemic basis, the IPO window is in fact consistently open throughout the year—except for those weeks in which there is a holiday, or around a holiday.”
Preparing for an IPO is a monumental task. As you’ll see in this white paper, the S-1 draft registration ping-pong with the SEC alone can be stressful – especially if you have added an ill-advised “IPO Window” deadline.
The S-1 registration and your IPO pricing has to be perfect. It’s your first impression to build shareholder confidence with the broad market. Set your own deadline for success.
Have a great day.