On the other hand, Uber's IPO filing
revealed a loss of nearly $2 billion last year, and its first-quarter results indicate that things won't be improving anytime soon.
Indeed, IPO filing
documents spell out how the amount of the federal tax break--not known until the shares are traded--should be split up.
According to its April 27 revised IPO filing
, the Chinese facebook clone's monthly unique log-in user base grew by only five million, or 19 per cent, in the first quarter of 2011 - not the seven million, or 29 per cent, it reported in its first filing only 12 days earlier.
IPO market condition is measured by average initial returns of IPOs within the same two-digit primary SIC code industry of the sample IPO during the book-building period, between a firm's IPO filing
date and its IPO date.
Because the cost of going public continues to rise as a result of SarbanesOxley compliance, both in terms of IPO filings
costs--including the cost of acquiring the needed SEC, legal, and accounting expertise--and the ongoing associated costs of compliance itself, many privately held companies will seek funds through alternative sources.
* Conduct a cost-benefit analysis to determine whether two years of comparative audited balance sheets should be presented in IPO filings
. In addition, regulation S-B should require post-IPO filings to include audited financial statements for the same number of periods currently required by regulation S-X.
Watching IPO filings
can be interesting as most would get their target valuation, or even exceed them.
In its IPO filings
, GT disclosed that LDK represented 62 percent of the company's sales in fiscal 2008, and there was an inherent risk at being so dependent on one customer.
In the latest update to its IPO filings
in the US, Twitter reveals that IBM is suing it over three alleged patent infringements.
To be sure, in its IPO filings
and other documents, Facebook reports that it considers about 5 percent of "members" to be fraudulent.