Managing a public company, or raising capital on a public exchange, presents special requirements and challenges for the company’s financial managers. These challenges are particularly difficult for mid-sized or early-stage companies, which lack the resources of larger companies. The rules under the 1933 and 1934 Securities Acts are complex, requiring very specific types of operational and financial disclosure. Registration of new securities offerings (1933 Act filings) impose significant and detailed requirements that must be met before the Securities and Exchange Commission (SEC) allows securities to be sold. These requirements are time-consuming and establish corporate and personal penalties for non-compliance. Of course, access to significant growth capital, monetization of private investments and the prestige of being a public company are real rewards for the companies and owners that navigate the process successfully.
Many of the Florida CFO Group partners are former CFOs of public companies and have raised public market capital. Whether your company is planning a security offering, or undertaking financial reporting and investor relations as a newly-formed public company, our partners have the experience to guide you.
Specifically, if your company is considering a public offering, there are changes in accounting and financial reporting requirements, audit requirements, and many steps leading up to the offering where strategic financial advice is crucial. If your company is already publicly held, your financial team may need assistance implementing new public company reporting standards, as well as with careful financial planning and analysis and investor relations.
Some of the specific projects or roles that Florida CFO Group partners may perform include: