Can I Use The Money Raised To Pay For The Process Of Going Public?
Many people ask us if they can use all or a portion of the funds that they raise in their initial share offering to pay for the process of taking their company public on the OTCBB Exchange. The short answer is yes. You can use all or a portion of the funds to pay for the process. As long as a company states in their offering memorandum that the company intends to use some or all of the money that they raise it is absolutely allowed. Many of our clients opt to use money raised from investor's to pay to get their company listed.
Bridge Capital inc.
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