What is an APO vs an IPO?

Unlike an IPO, an APO also does not require massive public disclosures until after the deal closes. This helps protect suppliers, employees and customers from rocking the boat before the deal is consummated. It also helps because the private company can feel out investors sentiment with an APO prior to even making the announcement of going public.

What is an alternative Public Offering (APO)?

An alternative public offering ( APO) is the combination of a reverse merger with a simultaneous private investment of public equity (PIPE). It allows companies an alternative to an initial public offering (IPO) as a means of going public while raising capital. There are two parts that comprise an APO: the reverse merger and the PIPE.

What is an APO & how does it work?

It allows companies an alternative to an initial public offering (IPO) as a means of going public while raising capital. There are two parts that comprise an APO: the reverse merger and the PIPE. In the reverse merger, the private company becomes public by merging with or being acquired by a public “shell” company.