All Rights Reserved. An IPO is a major step in a company's life, full of legal and financial complexity. The process involves attorneys, CPAs, underwriters, and printers. Going public is not for every company.
Size is important.
Definitely, IPOs is an important alternative to raise operational capital. The IPO process is not included in our immediate plans. On the other hand, much smaller local high-tech or Internet based companies with huge potential for growth outside Puerto Rico may soon prove to be more likely candidates to become publicly owned corporations. They may soon need more. This new investment is the final step before conducting an IPO planned for next year.