As the IPO Window Reopens, Will Your Company Be Ready?

The IPO market has hit a relative standstill after frothy valuations, easy money and investor enthusiasm drove a record-setting 2021.

In fact, “2022 will go down as the worst year for U.S. IPOs since 1990,” according to Axios, as inflation, rising interest rates, and the war in Ukraine left growth companies in a lurch. As of mid-December, just 74 companies had gone public through U.S. IPOs, an 88% drop from the previous year, with proceeds down 95% to $8 billion.

“But now is not the time to stop the IPO preparation process,” says Jim Loughmiller, Senior Managing Director of CBIZ ARC Consulting, which provides specialized accounting and advisory services to high-growth companies.

Instead, these down markets represent a beneficial pause for executives. “Companies now have a longer window to actually evaluate the business, figure out forecasting, and properly prepare to close the books, file regulatory reports, and deal with investors before they become a public company,” adds Gary Klintworth, fellow Senior Managing Director of CBIZ ARC Consulting.

Our guide features:

• Introduction: When the IPO Window Reopens, Will Your Company Be Ready?
• Five keys to IPO readiness in a changing market
• For today’s IPO hopefuls, now is the time to start tax planning
• Conclusion

CBIZ sat down with Dharti Patel, Chief Accounting Officer at Moloco, a leader in machine learning and growth solutions for performance marketers, to discuss her previous IPO experience and what companies considering one today should keep in mind.

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