Wednesday, October 19, 2016

Tips to Keep Your IPO Printing Costs Down

It is important to have a team of experienced professionals working on your IPO. And, any company that has been through an IPO knows there are many factors to consider when announcing it. Many have told us that one of their largest expenses is their financial printing bill. So, based on client concerns, we’ve listed a few tips to help keep your financial printing costs down during your IPO. Ask About Pricing Asking about the price seems obvious, but many times attorneys use printers they’ve trusted for many years without concern for pricing. As a company that is undergoing an IPO, you should know what you’re paying for and always ask about the price first. Many printers charge for every task individually. Meanwhile, Edgar ® Agents has fixed rates for IPOs, which consist of one price for printing the initial registration statement, amendments, correspondence filings and two print runs. With fixed fees and custom pricing, you can trust that the final bill will not be padded with unexpected charges. Request Itemized Statement If your printer is charging for every task, ask for an itemized statement. This will give you a clear picture of what you are paying for. You might even consider requesting it beforehand so at that point you’ll know whether to proceed with your current printer or move on to another one who offers flat rate pricing. Ask About Technology Used The cost of acquiring the latest technology is expensive but can be avoided if your printer already has the latest technology implemented into their system. Otherwise, those extra costs could be added to your final bill. Edgar ® Agents leverages a single source platform for typesetting and financial printing that uses one data file to generate the EDGAR ® HTML submission and the typeset print version of a document. Not only does this ensure that print and SEC filings are identical but it streamlines the process for us and our clients. Double Check Formatting Although the content in financials cannot be shortened, formatting the document so that it is concise, yet compliant, is possible. Double check the formatting in your financials. It could be that some gaps need to be tightened or some text needs to be moved to keep it short and using less pages. Less pages equal less costs if your printer charges extra for it. Finally, did you know that Edgar ® Agents is a financial compliance services group with extensive typesetting and printing services to handle everything from Annual Reports, Proxy Statements, Quarterly reports, Prospectuses, IPO equity offerings, mutual funds and other financial information? For more than 15 years, our printing experts have helped companies manage their entire project from EDGAR ®izing, typesetting, printing, coordinating shipping distribution to the transfer agent, and full mailing capabilities to shareholders. If you are in the process of organizing your team of professionals for your IPO, consider our expertise for all your IPO printing needs.

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