IPO Prospectuses: Avoiding and Responding to Common SEC Comments

Summary

This practice note examines some issues most commonly raised in U.S. Securities and Exchange Commission's (SEC) Division of Corporation Finance staff (Staff) 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 SEC Staff review process.