This entry is part 1 of 7 in the series IPO Alternatives: London Stock Exchange AIMLondon Stock Exchange (the “LSE”) AIM has been a resounding success. There are now over 1,689 companies on AIM - more than on the UK’s official list. The LSE promotes AIM as “the most successful growth market in the world” [...]

continue reading.....

This entry is part 2 of 7 in the series IPO Alternatives: London Stock Exchange AIMAt last month’s World Economic Forum which was held in Davos, Switzerland, John Thain, CEO of the New York Stock Exchange, took a direct shot at AIM for what he considered as a lack of regulatory guidance. He was quoted [...]

continue reading.....

This entry is part 3 of 7 in the series IPO Alternatives: London Stock Exchange AIMThough AIM has become the most easily accessible exchange to become listed on it is not without its casualties. Great success does not come without a few failures. However, the results, for the most part, have been positive for both [...]

continue reading.....

This entry is part 4 of 7 in the series IPO Alternatives: London Stock Exchange AIMAIM Overview
AIM, operated by the London Stock Exchange, tends to work best for companies that have a capitalization and valuation from $20MM US to $300MM US. Filing or entry costs, excluding fundraising, are approximately $600,000 US, with ongoing yearly costs [...]

continue reading.....

This entry is part 5 of 7 in the series IPO Alternatives: London Stock Exchange AIMListing on AIM
The Nominated Advisor or “Nomad” acts as the sponsor or representative of the company who will be listed on AIM. The Nomad prepares the prospectus and gets the issuer admitted for trading on AIM. The Nomad also assists [...]

continue reading.....

This entry is part 6 of 7 in the series IPO Alternatives: London Stock Exchange AIMListing on AIM
In the U.S., the IPO or DPO prospectus has to go through several SEC comment letters and responses before the company’s registration statement can become effective (approved). The Company must then either file a 15-C2-11 with FINRA [...]

continue reading.....

This entry is part 7 of 7 in the series IPO Alternatives: London Stock Exchange AIMListing on AIM
In conclusion, the biggest difference between a US listed company and an AIM listed company; NO Sarbanes-Oxley compliance. Listing on AIM eliminates the SEC governmental review process of the prospectus, the multitude of periodic regulatory filings and [...]

continue reading.....