IPO or Direct Listing
Dependent on each clients specific needs and situation, Viking will advice on the best route where to go public and if the client would be best served by conducting a regular IPO or conduct a Direct Listing via a reverse merger with an already listed shell company.
Successful candidates should demonstrate two to three years of substantial growth, strong management and market acceptance. We prefer late stage, start-up companies, or established businesses with strong growth.
We look for three things:
Management with proven track record – from this industry
A product or service that simplifies or improves people’s lives
Market needs to be ready; not too early and not too late.
Just right there!
Basic qualification criteria:
• Growth rate 30%
• $10,000,000 in revenue (exemptions do exist)
• Preferably cash flow positive
• Little or no debt
• Seasoned Management (with proven track record)