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I’ll Be Direct: Direct Listings vs. Traditional IPO Comparison Chart

March 12, 2024 (1 min read)

In a direct listing of securities, an issuer lists their securities directly on an exchange without first selling securities to underwriters. Although many of the exchange requirements are the same, the required minimum market value of shares, offering costs, lock-up practices, and pricing mechanisms are different. Read this chart for a look at the major differences between a direct listing and a traditional IPO.

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