SEC Forensics Offer Cautionary Tale to IPOs Considering Self-filing their S-1
"Ringing the Opening Bell" may not be the best time to cut compliance costs with DIY filing portals
NEW YORK, Feb. 21, 2014 /PRNewswire/ -- The journey to become a public company can be a stressful and expensive undertaking. For small and micro-cap companies, cost-containment is of paramount concern as many of the associated fees can be out of proportion to their actual capital raise amount. This has led a few entrepreneurial minded CEOs to consider a DIY path to move their S-1 though the Securities and Exchange Commission.
In fact, SEC forensics illustrate that DIY at the IPO stage may actually be a non sequitur and add unnecessary work and fees. Please review the S-1 workflow on this blog post:
About PR Newswire
PR Newswire (www.prnewswire.com) is the premier global provider of multimedia platforms that enable marketers, corporate communicators, sustainability officers, public affairs and investor relations officers to leverage content to engage with all their key audiences. Having pioneered the commercial news distribution industry 60 years ago, PR Newswire today provides end-to-end solutions to produce, optimize and target content -- from rich media to online video to multimedia -- and then distribute content and measure results across traditional, digital, mobile and social channels. Combining the world's largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, PR Newswire enables the world's enterprises to engage opportunity everywhere it exists. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and the Asia-Pacific region, and is a UBM plc company.
About Vintage Filings
PR Newswire's Vintage Filings division is a full-service financial filing and printing firm and a leading partner for all your XBRL filing needs. With more than 4,500 public company clients, Vintage is one of the fastest growing compliance firms nationwide. Vintage partners with its clients to provide the knowledge and service necessary to meet the SEC's ever-changing filing regulations. Vintage Filings provides high-quality, cost-effective compliance filings and production services, including EDGAR Filings, typesetting, XBRL tagging, section 16 filings, investment management services, drafting sessions, virtual data rooms (VDR) and more.
Bradley H. Smith
Director of Marketing, IR and Compliance Services
PR Newswire & Vintage Filings
+1 201.947.7157 firstname.lastname@example.org
SOURCE PR Newswire Association LLC
More by this Source
LinkedIn Advertising for B2B: What You Need to Know
Apr 17, 2014, 12:17 ET
5 Tips for Freelance Journalists Looking to Stand Out to Editors
Apr 17, 2014, 09:00 ET
Education (II), Graduation Feature Package
Apr 17, 2014, 05:05 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.