The IPO process is complex and involves several key steps:
1. Selection of Underwriters: Companies typically hire investment banks to act as underwriters and assist with the IPO process. 2. Regulatory Filings: The company must file a registration statement with the Securities and Exchange Commission (SEC). 3. Roadshow: A series of presentations to potential investors to generate interest in the IPO. 4. Pricing: Determining the initial share price based on market conditions and investor interest. 5. Going Public: Once the shares are priced, they begin trading on a stock exchange.