News The Latest from Automic Group Business Insights Appointing an IPO Management Team By Automic Group | 5 March 2021 Appointing a management team is the first step to successfully coordinate the IPO process. This team typically includes the CEO, CFO, Company Secretary and non-executive director representatives. It should also include eight key advisers: 1. FINANCIAL ADVISOR A financial adviser will coordinate and execute IPO process, advise the issuer, its board and shareholders on structural, marketing and pricing matters. This may often be the same party as the lead manager. 2. INDUSTRY EXPERTS Industry Experts may need to be engaged to provide specialist advice or prepare a report for inclusion in the prospectus. 3. TAX ADVISORS Tax Advisors will provide guidance on tax issues including undertaking tax due diligence on the Issuer. 4. LEAD MANAGER A lead manager will generally be the investment bank or broker who coordinates and manages significant elements of the IPO including drafting of the prospectus, undertaking investor education and marketing, pricing the offer and (if agreed) underwriting the offer. This may often be the same party as the financial advisor. 5. INVESTIGATING ACCOUNTANTS Investigating Accountants advise on financial matters including preparing materiality guidelines for the due diligence programme, undertaking accounting due diligence, assisting in preparation of the issuer’s accounts, reviewing and signing off on pro-forma historical and forecast financial information (if any). 6. LEGAL COUNSEL Legal Counsel will provide advice on legal requirements for IPO including the appropriate due diligence programme, undertaking legal due diligence, reviewing the prospectus, co-ordinating verification of the prospectus and providing a legal opinion on the IPO process. 7. REGISTRY The Share Registry will assist with the collection of the IPO proceeds, issuing of shares, setting up any incentive plans for management and dispatching holding statements. 8. COMPANY SECRETARY The Company Secretary will act as the chief administrative officer coordinating the IPO documentation, liaising with the Board and various service providers and being the key liaison between ASX and the Company after listing. Considering an IPO? Automic Group are Australia’s #1 IPO services provider. If you are interested in finding out more, please call Max Swadling on (02) 8668 0023 to make an appointment or email max.swadling@www.automicgroup.com.au. Latest Articles News Announcing Automic Group’s acquisition of Grange Consulting, with Company Secretarial and CFO Advisory services By Automic Group | 1 November 2023 Our Team Automic Group: A Great Place To Work By Automic Group | 17 October 2023 Our Team We are excited to welcome Leith Morrison as Business Development Director at Automic Group By Automic Group | 3 October 2023 View all news