After the Kick-off Meeting

Abstract

The kick-off meeting is usually followed by a series of due diligence meetings. This includes commercial, legal and financial enquiries, through which the parties working on the IPO gain a detailed understanding of the business of the company. This enables them to ascertain that nothing is wrong with the business and to establish its reality and sustainability, and that the company and its management are actually ready for life as a publicly listed venture. Such understanding of the business is also necessary for a comprehensive listing document summarizing all the information required by investors to make an informed decision about investing in the shares of the company, and pursuant to the listing rules, to be drafted.