Due Diligence Request List


This form of Due Diligence Request List may be used to solicit information regarding the issuer as part of the due diligence process in an initial public offering. It is typically prepared by counsel for the underwriters and should be tailored to reflect the particular circumstances of the company's business and industry. This form includes practical guidance and drafting notes.Legal due diligence is primarily based on review of the documents provided by the issuer in response to a due diligence request list. The documentary review is intended to allow counsel for the underwriters (and the company's outside counsel, who will also be required to deliver a legal opinion at closing) to gain a detailed understanding of the issuer's business, the issuer's executive officers, the issuer's financial results, the trends affecting the issuer's business, and the risks that may affect the issuer's business and results of operations. It also assists counsel in drafting and/or reviewing the ...