Player guide
Going Public (IPO)
Understand the seven-day IPO roadshow, public float, listing, and the change from private distributions to retained earnings.
Open My CompanyWhat going public changes
An IPO changes the company's ownership and cash flow, not its underlying asset-revenue or operating-margin formula. After listing, company profits remain as retained earnings; the founder owns shares rather than receiving private-company profit distributions. Public-company assets are paid from retained earnings.
Filing requirements and terms
The founder who is also CEO can file an IPO for a private company with at least one asset. Filing costs 50 Energy, reserves a one-to-five-letter stock symbol, and starts a seven-day investor roadshow. The listing has 100,000 total shares and a fixed 20% public float.
Roadshow and listing
During the pending IPO, the founder or CEO can run a roadshow no more than once every 24 hours. Each roadshow costs 25 Energy, adds 5 demand, and demand caps at 25. The company screen shows the pending valuation, demand, listing date, and expected price; those live values are authoritative.
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