Navigating the IPO Process: A Detailed Timeline for Going Public

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 Q1 Earnings: Software Growth Suggests a Recovery of M&A and IPO Activity May Be Underway

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.

DFIN's IPO & Public Listing Report - Q1 2024 Edition

"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:

From Private to Public: Expert Insights for Foreign Private Issuers Pursuing U.S. Public Listing in 2024 and Beyond

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

How to Think About AI When You’re Planning an IPO

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 11th Annual IPO Summit, hosted at the New York Stock Exchange.

Software Shines in DFIN’s 2023 Earnings Report

DFIN’s software transformation remained on track in 2023, and our clients reaped the benefits.

In our just-released 4Q and full-year 2023 earnings report, DFIN achieved record software solutions net sales of approximately $293 million for the year, an increase of approximately 7% from 2022 on an organic basis. Software solutions net sales were approximately 37% of our full year net sales, up from approximately 34% in 2022.

This is powerful evidence that we are delivering the kind of solutions that clients require in a fast-paced, always-evolving business environment.

The Dual-Track Process For IPOs & Exits

When thinking about an exit strategy from their business, most owners have a clear idea of their desired exit. However, there are cases when owners take what is known as a dual-track exit, pursuing not one but two types of exit strategies. Usually, they move forward with a merger or acquisition (M&A) and initial public offering (IPO) until deciding which option meets their needs. 

Discover how a dual-track transition works, when it can be advantageous, and how owners can stay organized throughout the dual process.

What Is a Dual-Track IPO Listing?

Webinar Replay: IPO Preparedness Roundtable

Tune in to listen to experts from DFIN, PWC, and Simpson Thacher & Bartlett for a live roundtable conversation about getting ready for IPOs in 2024 and beyond. The featured speakers – Craig Clay, Samantha Zytko, and Josh Bonnie – will share their thoughts about important issues companies may encounter when facing a future IPO.

DFIN's IPO & Public Listing Report - Q4 2023 Edition

"As we close the chapter on a volatile 2023 with a limited number of sizeable IPOs, we eagerly look to 2024 for economic conditions to stabilize and valuation expectations to continue to reset. A recent rally in the stock market, expectations of interest rate cuts by the Federal Reserve, as well as some recent high-profile confidential filings, lend optimism that we will see a more robust IPO market in 2024." Craig Clay, President of Global Capital Markets, DFIN

IPOs, Regulations, and Other Thoughts. Here’s looking at 2024

For those who try to predict the future, the last two years have been a challenge. This is especially true when attempting to forecast IPO activity and emerging federal and state regulations, including pending U.S. Securities and Exchange Commission (SEC) rules.