3.
Re: Is DPO the way to go? Jun 28, 2009 9:57 PM

in response to:
Corneredcircl
Is DPO the way to go? Thanks for the answer
According to Wikipedia
A company pursues a
direct public offering (DPO) to raise
capital by marketing its shares directly to its own customers,
employees, suppliers, distributors and friends in the community. DPOs
are an alternative to underwritten public offerings by securities
broker-dealer firms where a company's shares are sold to the broker's
customers and prospects.
Direct public offerings are considerably less expensive than
traditional underwritten offerings. Additionally, they don't have the
restrictions that are usually associated with bank and venture capital
financing. On the other hand, a DPO will typically raise much less than
a traditional offering.