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Nounchus

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Nounchus

Re: None

Friday, 12/23/2016 11:11:10 AM

Friday, December 23, 2016 11:11:10 AM

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IPOs don't happen overnight and take a lot of effort to put together.
The SEC will investigate the company to make sure all the information submitted to it is correct and that all relevant financial data has been disclosed.
If everything is OK, the SEC will work with the company to set a date for the IPO. After SEC approval for the IPO, the underwriter must put together a prospectus; that is, all financial information on the company that's doing the IPO.
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