The process of going public involves several steps:
1. Preparation: This includes auditing financial statements, hiring an investment bank, and preparing regulatory filings. 2. Filing with Regulators: Companies must file a registration statement with the regulatory body (e.g., the SEC in the United States). 3. Marketing: Involves roadshows and meetings with potential investors to generate interest. 4. Pricing: Determining the offer price of the shares based on market demand. 5. Going Public: Shares are listed on a public stock exchange and become available for trading.