With President Obama’s signing of the JOBS (Jumpstart Our Business Startups) Act in early April, the regulatory requirements for a company considering going public have been lessened – making now a great time for a growing company to consider an IPO. Resources Global Professionals’ own Colleen Cunningham, Global Managing Director of Finance & Accounting, discusses the Act in more detail in her most recent blog post.
“…the new law also eases many of the restrictions on early-stage business investing that have been in place since the original Securities Acts in the 1930s. As such, the process of “going public” as well as “being public” will be much easier for those companies that meet the definition of an “emerging growth company” (those with annual gross income under $1 billion in the most recently completed fiscal year).”
Colleen and the team at Resources have also prepared a summary of the Act, available online in our latest Financial Alert.
If you are a private organization considering an IPO, reach out to us and we’ll connect you to Resources Global experts in your city who can help you navigate the process.