Overview
This module covers IPO considerations, modeling and valuation. Emphasis will be placed on the modeling process and ultimately arriving at pro forma financials and a target IPO filing range.
- Overview of IPOs
- Pros and cons of IPOs
- Why pursue an IPO vs. sale
- Overview of IPO process
- Gross spread
- Overallotment option (greenshoe)
- IPO modeling and valuation
- Valuation methodology
- Sources and uses of funds
- Adjustments
- IPO discount
- Filing range analysis
- Pro forma ownership analysis