IPO Filing Software An IPO can be a long, demanding and complicated process that will have long term implications for your company. Our IPO solutions and experts help you successfully navigate the intricacies and prepare for life as a public company. Are you ready? Contact an expert Watch full video Choose the global leader When it comes to capitalising on key moments in the IPO process, DFIN leads the way – and we have the numbers to prove it. Over the last six years, DFIN Filed 700+ Traditional IPOs Leader of ≥£73M valued traditional IPOs (EMEA-based issuers) Serviced 350+ SPACs Supported Majority of PE and VC-backed IPOs EDGAR/iXBRL ChecklistKnow the best practices to file tagged SEC reports confidently once you’re public. Download checklist Preparation, planning and the right IPO software solutions are critical to success. IPO Timeline Preparation Pre-Filing Initial submission of S-1 Roadshow Pricing/Trading Life Post IPO IPO Timeline Preparation Preparation 12 - 18 Months Prepare work plan for IPO readiness Assess financial statements and evaluate audit firm Assess internal resources (accounting, FP&A, legal, IR) Evaluate need for third-party advisers Consider structural decisions (e.g., corporate, tax, compensation) Pre-Filing Pre-Filing 4 - 6 Months Engage lead underwriters Prepare S-1 Equity story/investment thesis Historical financial statements & MD&A Risk factors/legal sections Financial model Initial submission of S-1 Initial submission of S-1 3 Months Confidential submission of S-1 and SEC review process (typically ~12-14 weeks) Teach-in with syndicate analysis Prepare roadshow presentation Publicly file S-1 at least 15 days prior to launch of roadshow Finalise IPO documentation Organisational and governance documents Listing application Underwriting agreement Roadshow Roadshow 2 Weeks Finalise preliminary prospectus with indicative price range Launch roadshow (typically 7-10 trading days) Pricing/Trading Pricing/Trading Trade date Price IPO after market close at conclusion of roadshow Begin trading next day after pricing Close third trading day after pricing Life Post IPO Life Post IPO Regulatory Compliance and Reporting Extensive quarterly reporting required SOX compliance Annual reports and recent events Proxy Statement, Annual Meeting Contact an expert Explore client results LIFE SCIENCES How we helped a pharma company capitalize on IPO market conditions and timing See results HEALTHCARE How we helped a healthcare company get and stay deal ready to go public and close a secondary offering See results TECHNOLOGY Execute a successful IPO with management and staff working from secluded locations See results RETAIL How we supported the hyper-growth strategy of China’s leading e-commerce giant See results MANUFACTURING How we helped an electric vehicle company save time and money before and after going public See results FINANCIAL MANAGEMENT How we helped a leading enterprise finance management company streamline its IPO process See results Starting financial reporting early is key to a successful IPO Drive efficiencies and optimise your financial reporting with ActiveDisclosure. Streamline S-1 reporting as you prepare for your IPO Reduce costs & financial risks Develop the robust systems needed for life as a public company Leverage our 24/7/365 financial expertise Learn more We have prepared our unaudited interim condensed consolidated financial statements included herein pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and note disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the U.S. have been condensed or omitted pursuant to these rules and regulations, although we have strong thoughts that the disclosures made are adequate to make the information not misleading. In our opinion, the unaudited interim condensed consolidated financial statements contain all adjustments. We have prepared our unaudited interim condensed consolidated financial statements included herein pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and note disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the U.S. have been condensed or omitted pursuant to these rules and regulations, although we have strong thoughts that the disclosures made are adequate to make the information not misleading. In our opinion, the unaudited interim condensed consolidated financial statements contain all adjustments. Get in touch with us for support, pricing or more information. Talk to an expert or call +44 203 047 6100 Guide to IPOs Considerations for Business Owners and Executives Taking Their Company Public Download IPO guide Leverage our best-in-class partnership ecosystem FloQast builds cloud-based software that helps manage accounting departments by centralising the workflow, assigning tasks, maintaining supporting documentation, and automating reconciliations. Learn more Integrating enterprise business systems like Netsuite with ActiveDisclosure enables customers to directly connect the datasets they need into a central hub of trusted data, with powerful linking, auditability and control features. Learn more Cision is a leading global provider of earned media software and services to public relations and marketing communications professionals. Cision software allows users to identify key influencers, craft and distribute strategic content, and measure meaningful impact. Learn more Continue building your perfect tech stack Virtual Data Room Safeguard and share your most sensitive documents. with all your shareholders. Easy-to-use, secure software includes privacy scans, contract analytics and multi-file redaction for full transaparency and regulatory compliance. Learn more Financial Reporting Take the complexities out of regulatory reporting. Seamless integration, simple onboarding, Microsoft Office compatability and all the tools you need for fast, secure filings. Learn more Corporate Repository Empower teams to more easily manage, share and protect folders and files in a secure, cost-effective environment. Leverage a modern, dynamic, digital repository to secure data, protect privacy and streamline projects. Learn more More findings, right this way Resources IPO Readiness Checklist: Are You Prepared to File? December 2024 View resource Case study How We Help a Global Law Firm Streamline Their Client IPO Process November 2024 Read case study Case study How We Helped a Leading Enterprise Finance Management Company Streamline its IPO Process October 2024 Read case study Resources IPO Market Trends & Outlook 2025 September 2024 View resource Resources M&A Pitfalls to Avoid August 2024 View resource Resources How to Choose the Right Adviser for your IPO August 2024 View resource Resources How to Choose the Right Underwriter for an IPO August 2024 View resource Resources How to Put a Business Plan Together to Attract Investors August 2024 View resource Case study How We Helped a Pharma Company Capitalize on IPO Market Conditions and Timing May 2024 Read case study Case study How We Helped an Electric Vehicle Company Save Time and Money Before and After Going Public May 2024 Read case study Blog DFIN Q1 Earnings: Software Growth Suggests a Recovery of M&A and IPO Activity May Be Underway May 2024 | Craig Clay View blog Video Podcast Webinar Replay: Preparing for Your Exit: Public Company Readiness April 2024 Watch Podcast Guide From Private to Public: Expert Insights for Foreign Private Issuers Pursuing U.S. Public Listing in 2024 and Beyond March 2024 View guide Blog How to Think About AI When You’re Planning an IPO February 2024 | Craig Clay View blog Blog Software Shines in DFIN’s 2023 Earnings Report February 2024 | Craig Clay View blog Resources The Dual-Track Process For IPOs & Exits February 2024 View resource Blog IPOs, Regulations, and Other Thoughts. Here’s looking at 2024 January 2024 | Craig Clay View blog Report DFIN's IPO & Public Listing Report - Q3 2023 Edition October 2023 Read report Blog New DFIN Paper Illuminates the Road to a Public Offering August 2023 | Craig Clay View blog White paper The Importance of IPO Readiness: An Essential Framework for Success August 2023 Read white paper Preparation Pre-Filing Initial submission of F-1 Roadshow Pricing/Trading Life Post IPO 12-18 months Prepare work plan for IPO readiness Assess financial statements and evaluate audit firm Assess internal resources (accounting, FP&A, legal, IR) Evaluate need for third-party advisers Consider structural decisions (e.g., corporate, tax, compensation) 4-6 months Engage lead underwriters Prepare F-1 Equity story/investment thesis Historical financial statements & MD&A Risk factors/legal sections Financial model 3 months Confidential submission of F-1 and SEC review process (typically ~12-14 weeks) Teach-in with syndicate analysis Prepare roadshow presentation Publicly file F-1 at least 15 days prior to launch of roadshow Finalise IPO documentation Organisational and governance documents Listing application Underwriting agreement 2 weeks Finalise preliminary prospectus with indicative price range Launch roadshow (typically 7-10 trading days) Trade Date Price IPO after market close at conclusion of roadshow Begin trading next day after pricing Close third trading day after pricing Regulatory Compliance and Reporting Extensive quarterly reporting required SOX compliance Annual reports and recent events Proxy Statement, Annual Meeting