Regulatory Hurdles for the OpenAI IPO

The SEC Scrutiny: A New Frontier of AI Disclosure The Securities and Exchange Commission (SEC) would subject OpenAI’s IPO registration statement, the S-1 filing, to an unprecedented level of scrutiny, focusing on the unique and opaque nature of its core asset:...

The Regulatory Hurdles of Going Public

The journey from a private enterprise to a publicly-traded company is a monumental undertaking, a corporate metamorphosis governed by a labyrinth of stringent regulations. The process, known as an Initial Public Offering (IPO), is far more than a financial event; it...

Key Metrics Investors Scrutinize in an IPO

Financial Performance and Health Revenue Growth Trajectory and Quality Investors dissect a company’s top-line revenue with a focus on both pace and sustainability. High year-over-year (YoY) growth rates are table stakes for many technology and growth IPOs, but the...

SPACs as an Alternative to Traditional IPOs

A Special Purpose Acquisition Company (SPAC) is a publicly-traded shell corporation designed solely to raise capital through an initial public offering (IPO) to acquire or merge with an existing private company, thereby taking that company public. This process, known...