Process of OTC BB Listing
Stage 1: Pre-Listing Preparation
- Review of company base data in order to provide
- Scoping for overall plan and business objectives to establish readiness for listing
- Review of company set-up
- Review of management structure and capability
- Review of financial forecasts
- Review of company valuation and methodology
- Review of major milestones
- Evaluate for federal grants
- Liaise with the company’s professional advisers, if required, to gain approval to the capital structure
based on information supplied by the company
- Preparation and/or rewrites of Business Plan and Private Placement Memorandum;
- Model the capital growth plan in order to establish the pre-listing share split, approximate market
valuation and share price;
- facilitate contracts between Client and Investor Relations Firm
- Set up client relationship with Transfer Agent for stock certificate design and CUSIP number
Stage 2: Pre-listing Commitment to Funding and Accounting
- Secure a commitment(s) for post public funding;
- Ensure that the company has the best possible deal breakdown and pathway to post public capital;
- Liaise with fund managers and Company in order to get legal documents executed;
- Work with company to arrange the collateral needs for the funding agreement to proceed;
- Work with fund to manage the drawdown of those funds once the company is listed.
- Author S1 doc for SEC filing and comments
- Secure contracts between client and legal for S1 filing by legal
- Connect client with PCAOB auditor for financial statement (added fee paid to accounting firm
performing the audit)
- Evaluate company for possible federal grants and government contracts
- Communicate with outside GSA Schedule contract holders and research government contractor
alliances for strategic alliances on behalf of client for possible facilitation.
Stage 3: Listing Service
- S1 is filed with PCAOB by Securities Attorneys;
- Attorney enters into comments with SEC
- Market Maker files 15c211
- DTC Qualification
- Confirm trading symbol and company description with OTC Markets
- Legal Files necessary regulatory paperwork
Stage 4: Post Listing Service
- Assist Company with strategic alliances within the government contractor sector if applicable
- Assist and advise on strategies surrounding Investor Relations and Public Relations
- Legal will advise on continuing listing obligations
- Mergers and Acquisitions identification and facilitation assistance
FSE LISTING Click HERE