Question 4 The clients decide that they want to float the co

Question 4

The clients decide that they want to float the company on the stock exchange to raise funds. That means that they have to operate in the future as a public company. They want advice on some specific obligations they will have in running a public company. PLEASE NOTE that this is not a question about the float itself or the disclosure obligations involved in a float. It is a question about operating the public company in the future after the float.

Solution

Public companies are the companies whose securities trade on the stock exchange. They have some specific obligations to be performed like: