IPO Due Diligence & State of the Market

Mike Blankenship came back on the show to discuss the IPO underwriting process, the role of due diligence and the state of the IPO market. Mike is a Managing Partner at the Houston office of Winston & Strawn and focuses his practice on corporate finance and securities law, including securities offerings, public company advisory, special purpose company offerings, among others.  You can find a link to Mike's bio and contact information on the Winston & Strawn website here as well as a link to the Underwriting Process presentation that the firm published in May here.

Chapters

• 0:52 The state of the IPO market
• 2:39 Why a company would go public in a shaky IPO market
• 3:29 The importance of investing in the diligence process in a choppy market
• 4:11 The role of due diligence in the IPO underwriting process
• 5:34 Why you should cast a broad net to catch risk factors and ensure accurate reporting
• 5:56 The reputational impact of not conducting proper IPO due diligence
• 6:43 Counsel's role in the IPO diligence process
• 7:53 The value in legal counsel taking an active role in the IPO diligence process