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They may be forced to disclose financials, but they can't be forced to do an IPO. Those are two different (but often interchangeable) things. I'm not sure if th
by krschultz 16y ago
They may be forced to disclose financials, but they can't be forced to do an IPO. Those are two different (but often interchangeable) things. I'm not sure if the restrictions on executives of public companies apply to all that must disclose their financials, or only companies being traded on the exchanges.
- metageek 16y agoFrom the article: >A reminder: If Facebook is forced to register, it will not HAVE to offer stock to the public. But since it will be forced to disclose its financials anyway, we expect the company will go ahead and offer up some second class (non-voting) shares.