In my opinion UNVC (Univec Conglomerate) could pos
Post# of 85484
“The preparation process for a Direct Listing is actually very similar to an IPO. Note that by the time the public sees an S-1 from a company going public, it’s already been in process privately for a few months beforehand:
The company files an S-1 registration statement with the SEC, typically through a confidential filing.
The SEC will review the S-1 form, share comments, and ask clarifying questions.
In parallel, the company will conduct investor education meetings, and prepare materials for their Investor Day. Forward guidance is not allowed during this period since the S-1 is not yet effective.
There is also a quiet period while the company is in registration, during which all public statements made from the company and by Affiliates (board members and major investors) must follow careful rules — who, what, when — so as not to hype the stock before trading.
After the initial review period, the company will then flip to a public filing (the company decides when), where investors, and the public, will see the amended S-1 registration statement, still in draft form, for the first time.”