What is a Sponsoring Market Maker?

Going Public LawyerThe last step in a going public transaction is for the company to receive a stock trading or ticker symbol from the Financial Industry Regulatory Authority (“FINRA”).  For a company to obtain its ticker symbol, a sponsoring market maker ( Sponsoring Market Maker ) must sponsor the company s application and submit a Form 211 to FINRA on the issuer’s behalf.  Sponsoring Markets Makers have become... Read MoreGoing Public Lawyer
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