IPO Prospectuses: Avoiding and Responding to Common SEC Comments

Summary

This practice note examines some issues most commonly raised by the staff (Staff) of the U.S. Securities and Exchange Commission's (SEC) Division of Corporation Finance Staff in their comment letters (SEC comment letters) on registration statements filed for initial public offerings (IPOs). It is intended to guide you, as counsel to an IPO company, in assisting your client to adequately respond to some frequently issued comments from the Staff (SEC comments) and efficiently navigate the Staff review process.