The first step in the IPO process is:
A)negotiating a letter of intent.
B)preparing the registration statement.
C)choosing the underwriter.
D)doing the road show.

Question

Quizplus · Accepted Answer

Choosing the underwriter is the first step in the Initial Public Offering (IPO) process, where a company selects a financial institution to manage the IPO and provide various services, including advice on the optimal offer price, buying the shares from the issuer, and selling them to the public.

The First Step in the IPO Process Is