ALC - Q4

Today’s IPO is an incredible milestone for Q4 and goes public as “QFOR” on TSX, which gives us the opportunity to continue driving our growth and expansion for years to come.

While the road to becoming a public company may appear to have long been standardized, new paths and new types of public companies are changing the landscape. Recent Direct Public Offerings (DPOs) have demonstrated that there are viable options for tapping directly into public markets – though these companies are often well-known and well-funded prior to going public.

In 2020, the number of IPOs reached 480, up from 233 in 2019, and this uptick in public offerings continues to rise in 2021. IPOs can be an attractive and strategic route to funding growth and accessing liquidity, but it’s not a short-term solution. A successful IPO means implementing wide-reaching change across your organization, right down to your corporate culture. These changes don’t end after the IPO either; there is plenty of work to be done afterward to ensure that your organization is able to successfully operate as a public company for years to come.