The costs to go public via initial public offering (IPO) or Direct Public Offering (DPO) varies substantially with the type of company, size and complexity. Generally, it can cost as low as $40,000 to go public.

We have highlighted the major cost elements to provide a basic understanding.

1. The accounting fees:
The financial audits can cost from as little as $5,000 for a complete start-up to $35,000 for a fairly simple business that is generating a few million in sales, to hundreds of thousands of dollars for larger and more complex businesses.

2. The legal fees:
The legal fees can cost from as little as $5,000 for a complete start-up to $45,000 for a fairly simple business that is generating a few million in sales, to $150,000+ for larger and more complex businesses.

3. The miscellaneous fees:
The miscellaneous fees include various items that are required to be paid for as part of the going public process. Generally, these range from $7,000 on the low end to $15,000 on the high end.

4. Professional adviser fees:
Professional adviser fees are generally structured as part cash and part equity. These fees vary based on the size, scope and complexity of the business going public.

Please contact Public Financial Services, LLC for a detailed proposal.