A Direct Public Offering (DPO) or Initial Public Offering (IPO)
is the usual method of obtaining a listing on the Green Stock Exchange (GREENSX).
The difference between a DPO vs an IPO is that in an IPO an underwriter buys the securities to resell to their prefer clients; usually the public does not have a direct opportunity to purchase shares. In a DPO the securities are sold directly to the public, without an underwriter (but sometimes an underwriter is used to help sell some of the shares on a best effort basis).
This method involves the preparation of a Offering Circular and exemptions to be filed with the securities commissions under SEC exempted Regulation A, SB-1 and SB-2 shares of the United States
Securities Act of 1933, and then completion of an application for a listing.
The Offering Circular provides potential investors with detailed information they need to make informed investment decisions.
Filing a Offering Circular (also called prospectus)
Your Offering Circular is an extremely detailed and critical document in the going listing process. It provides investors with the information needed to make informed investment decisions.
Successful completion of a Offering Circular (similar to SCOR form form U-7) may require the co-operation of management, legal counsel, auditors, securities commissions and Green Stock Exchange (GREENSX).
Filing a Offering Circular is a five-step process:
1. Ensure your company meets the social and environmental guidelines of the exchange.
2. Prepare your internal and external advisory team (management, directors, investment dealer, legal counsel, auditor, IR professional).
3. Prepare and file your Green Stock Exchange (GREENSX) Listing Application and Offering Circular (also called prospectus), with supporting documentation.
4. File a Offering Circular, exemptions and necessary documents with securities commission and other provincial/state jurisdictions where securities will be sold, under SEC exempted Regulation A, SB-1 and SB-2 public offering, of the United States
Securities Act of 1933.
5. Green Stock Exchange (GREENSX) will review your application for listing approval. If everything is OK, you can start selling shares.
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