Crunchbase.com: From Private To Public: How To Read An S-1

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IPO stories abound in the financial press. However, coverage may be cursory or lack information about the company you’d like to know.

Maybe coverage of a hot IPO contains excellent information on how much money the CEO stands to make when her company debuts, but zero details on its customer cohorts. Or maybe you want to learn more about a company’s quarterly performance, but the piece you find covers the numbers without context.

If you could do your own research, you’d be in business. You wouldn’t be dependent on the media (hello!) to tell you what matters and what doesn’t. In order to get started, let’s define what an S-1 will tell you about a company aiming to go public.

Meet The S-1 Filing

A Form S-1, commonly referred to as an S-1, is a form that private companies file with the U.S. Securities and Exchange Commission (SEC) when they intend to go public.

The form includes a wealth of information about the company:

  • How much a company intends to raise in its offering.
  • A summary of its business.
  • Notes concerning its competitors.
  • How the firm intends to spend the money it raises.
  • And the most critical parts of an S-1: its financial performance.

What you need to know is that when a company is going public, it files an S-1 with oodles of details on its business. The filing provides information that the company uses to sell shares in its IPO, and provides much of the information that regular folks will use to decide whether to buy shares in the company.

The better-known the filing company is, the bigger splash its S-1 can make. You can imagine, for example, how big of a deal it was when Google and Facebook originally filed, and how big of deal it will be when Uber eventually releases its own S-1 as well. And unlike a lot of government documents, these filings are fairly accessible to the general public.

Read the full, original Crunchbase.com article here.

PwC: Q3 2018 Capital Markets Watch

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The US IPO markets continued to roar, posting the busiest Q3 since 2014

The US IPO market had its best third quarter since 2014 with 60 IPOs raising $13.4 billion. The trend continued from Q2’18, which also had its best second quarter since 2014. Well-positioned issuers in rapidly growing industries with increasingly addressable markets and proven management teams fared well. The Q3 macroeconomic environment combined with strong corporate profits also produced outperforming investment returns.

The quarter saw larger IPO pricings compared to Q3’17, with the average deal size up 24%, primarily due to three large IPOs raising more than $1 billion each. Despite a typical summer slowdown, the US IPO market continued to show strength in Q3’18 with 24 pricings in September, marking the busiest September in more than seven years.

See full, original PwC.com article here.

Workiva and KPMG Announce Strategic Alliance to Transform Risk Management, Regulatory Reporting and Compliance Processes

Workiva KPMG

KPMG Report Finds 90 Percent of CIOs and CCOs Plan to Increase Spending to Automate Compliance

NEW YORK – September 18, 2018Workiva, (NYSE:WK), a leader in data collaboration, reporting and compliance solutions, and KPMG LLP, the U.S. audit, tax and advisory firm, today announced an alliance to provide a strategic offering that will help organizations transform and integrate their risk management, regulatory and financial reporting and compliance processes by using the Workiva Wdesk platform.

According to a new KPMG report, Innovating Compliance through Automation, 90 percent of the U.S. chief information officers and chief compliance officers surveyed said they plan to increase spending for compliance automation in the coming years.

“Increased scrutiny from regulatory authorities is stretching organizational resources and the bottom line,” said Greg Bell, Global Cyber Security practice Co-leader at KPMG. “Companies are looking to technology solutions for performance improvements and automation to increase efficiencies in their risk and compliance programs.”

With cloud-based capabilities for automation, synchronized data, controlled collaboration and real-time data monitoring, Wdesk users are able to improve productivity and accountability in their processes for internal controls over financial reporting, risk assessments, regulatory compliance and financial reporting.

KPMG, with its deep functional risk and compliance experience across all industries, helps organizations optimize technology solutions to better manage risk, help achieve process efficiencies and improve internal controls management.

“Pairing our Wdesk platform with KPMG’s technology-risk specialists creates a unified, multidisciplinary solution and team to help customers streamline and automate a wide variety of complex risk, compliance and reporting processes,” said Marty Vanderploeg, CEO of Workiva. “By working together, we will help organizations gain insights, make data-driven decisions and ultimately drive better business outcomes.”

KPMG and Workiva help organizations start, or continue, their process transformation journey to deliver more efficient, effective and integrated risk management and compliance programs. For more information, visit http://www.kpmg.com/us/workiva.

Read full press release here.

IPO Readiness Workshop in Boston

IPO Readiness Workshop Banner

IPO Readiness Workshop — Boston

Join us over lunch for an IPO workshop built exclusively for executives at emerging growth companies who want to act public before going public.

Kevin Hachey, Director of Capital Markets at Workiva, hosts a diverse panel of experienced, forward-thinking experts who have led clients and investors through recent high-profile IPOs. Panelists will discuss how to approach common IPO challenges, what to consider given the current state of the market, infrastructure planning and execution advice, lessons learned from past deal experiences, and ‘34 Act compliance guidance.

After this workshop, attendees will be able to:

  • Adequately prepare for increased scrutiny post-IPO
  • Determine operational details that impact the preparation for the IPO, including pre-deal road shows and other JOBS Act considerations
  • Develop plans according to the current regulatory environment and IPO, M&A, liquidity, and finance trends

One CPE credit is offered, compliments of Workiva.

Get the advice you need to implement a 21st century process that will help lead your company down the path toward a successful IPO.

Date
Thursday,
October 25, 2018
11:30 a.m.-1:30 p.m. ET

Location
Mastro’s Ocean Club
25 Fan Pier Blvd.
Boston, MA 02210
United States

Register Now