ABSTRACT

Odds of taking your company public ......................................................................................548 Important considerations before undertaking any major transactions .............................. 552 Various structures of merger and acquisition transactions ..................................................554 What to look for in the managing underwriter .....................................................................560 Listing on the London Alternative Investment Market ........................................................ 562

As a startup company continues to mature, most companies will reach a stage whereby a substantial infusion of cash is necessary to continue the growth of the company. High-tech companies may reach a point at which they will begin to consider an “exit strategy” for the founders and investors: a point at which the company will move from a privately held entity or independent entity to a company whose stock will trade on public markets or will operate as a part of a larger entity.