"Spring showers created some welcomed activity for $100 million+ IPOs in Q2, surpassing 2022 and 2023's full-year volume. As we head into the summer months, the normal summer lull is expected to be replaced with a splash as companies look to list before the November election." 
Craig Clay, President of Global Capital Markets, DFIN 

Taking a company public requires a lot of paperwork. Companies preparing for an initial public offering (IPO) can file  a DRS submission, which stands for draft registration statement . Even though it's only a draft, the statement can be time-consuming to put together. Fortunately, SEC filing software can make the process easier.

Discover how DFIN helped PMV Pharma execute a successful IPO followed soon after by a 10-Q and 10-K.

“If we hadn’t had ActiveDisclosure in place, however, I’m not sure how we would have survived at all. We had a third-quarter 10-Q requirement very soon after IPO, and without AD, we would have had to work either through our attorneys or with a paper proofing process that would have been extremely inefficient.”
J.D. KERN 
VP & Controller at PMV Pharma 

Discover how DFIN helped Zapp go public on NASDAQ without spending a lot of time and money.

“We find ActiveDisclosure's time-saving abilities a major advantage, especially the automatic updates of financial reports and SEC disclosures when linked Excel files change.”
JONATHAN SALMON
Group Financial Controller at Zapp

The confidential IPO process was originally developed as an easier way for smaller companies to go public. Judging from some of the companies that have used this route to go public, the private method is just as likely to be used by a Silicon Valley giant as a smaller entity these days.

If you are in the early stages of planning to take a company public, you may be interested in some of the benefits that confidential IPO filings offer over other methods.

Launching an initial public offering (IPO) is a major milestone in a company's life cycle. While an IPO tends to attract media attention, we often don't hear as much about the initial public offering procedure. What is needed when filing for IPO process? How long does it take, and how can companies stay organized throughout?

Keep reading to learn all about the IPO roadmap, how much time each step takes, and what to keep in mind.

DFIN’s Q1 2024 earnings report, released this week, showcases the success of the company’s software transformation, while suggesting that the turn in the IPO market might not be too far off.

"Q1 closed with a bit of a spring thaw caused by IPO pipeline movement and positive price performance. Green shoots are expected to continue in Q2 as investor confidence increases from successful public debuts like Reddit and Astera Labs." Craig Clay, President of Global Capital Markets, DFIN

Congratulations to the 33 operating companies in Q1 who made their public debut via a traditional IPO raising ~$8 billion and the 29 companies who made their public debut via a SPAC merger. Special congratulations to our clients:

Practical insights for APAC companies contemplating a listing in the U.S. capital market as Foreign Private Issuers (FPIs).

A lot has happened since the IPO surge of 2021. One of the most significant developments is the rise of Generative AI, a technology that can generate new content — everything from computer code to complex images to complete essays.

Companies planning to go public today have taken note. They want to know if this transformative new technology can help them get ready for a public offering. That was the topic of an excellent panel discussion at the recent 11^th Annual IPO Summit, hosted at the New York Stock Exchange.