Los Angeles, CA (PRWEB) November 08, 2012
IPO Initial Public Offerings Group announces the first annual IPO Power 10 Awards, designed to honor and acknowledge the top ten IPO Advisors and companies in the field of Initial Public Offerings. They request people in the financial industry nominate companies that provide IPO information and Initial Public Offering Services. Nominees can be any IPO Advisor or company that helps guide an IPO. Company spokesman Bill Truman states that “IPO advisory firms that help companies through the IPO process and procedures are not recognized by the community at large and particularly their peers that work on Wall Street. The IPO Power 10 Awards seeks to change that and nominees are open to any group in the financial industry.”
The history of the IPO or Initial Public Offering has deep roots that go way beyond the NYSE (New York Stock Exchange). The earliest record of a company issuing public shares dates back to the times of the Roman Republic. The publiani operated as an ancient version of a joint-stock company that historians believe had shares known as partes that were sold to public investors. In the early 1600’s the powerful Dutch East India Company became the first modern company to issue public shares and are considered the first modern IPO. In 1781 the Bank of North America, the first central US bank, became the first US IPO. Not to be confused with the Bank of America, the Bank of North America was an initial member of the NYSE and eventually was merged into the modern day Wells Fargo Bank.
This strong, rich tradition of elevating a company from private to public through an IPO is still a vital and viable option today. Regardless of whether they take companies public on big boards like the NASDAQ, AMEX, NYSE, or on the smaller OTCBB and Pink Sheets, the IPO News and Information Website seeks to recognize and celebrate the best in this industry with the IPO Power 10 Awards. They have put out the call for nominees who stand out in this field. Those wishing to make a submission can do so through the contact information below.
IPO News & Information Site
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