30
IPO Requirements
§Historical earnings growth and THE ABILITY TO DEMONSTRATE FUTURE EARNINGS GROWTH POTENTIAL
§Proprietary or distinguishable product or
service
§Growth potential in the Company’s market
§High quality U.S. management
§Infrastructure independent of the parent capable of supporting financial reporting and SOX
requirements
§U.S. based Board of Directors
§Often a management agreement is required with the parent
§Spells out limits of parent’s involvement
