Alternative Public Offerings

Claire Spencer, February 2010

In the wake of the financial crisis, initial public offerings (IPOs) dwindled away to almost nothing, leaving companies with few options for raising capital, and investors with few options for exits. Alternative public offerings (APOs) were subject to a similar effect, but are on the increase now that the stock markets have begun to unfreeze. Such offerings have several advantages -- the cost of a traditional IPO is well into seven figures, making them too expensive for most small-cap companies and many middle market companies as well. Furthermore, an IPO can take in excess of a year to complete, if not longer -- and APOs do not have this issue. As such, it is widely held that such offerings will be increasingly popular in 2010.

The full article quoting Amir Hesmatpour can be found at

http://www.financierworldwide.com/article_printable.php?id=5972


CONTACT INFORMATION
Amir Heshmatpour
Managing Director
amir@afhholdingandadvisory.com
310-492-9898