Click here for printer friendly page
Overseas stock exchanges vie for Israeli business28/11/2007. Source: Israel Venture Capital & Private Equity Journal (IVCJ).
 The cost of adhering to a comprehensive regulatory regime resulting from Sarbanes-Oxley legislation has discouraged some Israeli companies from seeking US listings and has emboldened non-US stock exchanges such as London's AIM and the Toronto Stock Exchange to bid for the listings of relatively young and emerging Israeli companies. NASDAQ still holds itself out as a premier exchange for Israeli firms and the AMEX is hungry for new business as well. In this IVCJ article, Jessica Steinberg surveys the popular options for Israeli companies seeking overseas listings.
When telecom solution provider Emblaze decided to go public in 1996, the world of Israeli IPOs was a different place. Back then, Emblaze went to London's AIM because it was a young exchange that provided a public arena for private, venture capital stage companies, like itself. "It was a much faster process. Nobody squeezed you for valuations or made your life difficult," remembers Eli Reifman, president of Emblaze. "It was a very good platform that had transparency and was a means of financing and growth."
Click here to view the full article (pdf 24kb) You need Adobe Acrobat to read this document. If you do not have it, you can download it free from www.adobe.com/products/acrobat/readstep.html
This article appeared in the Israel Venture Capital & Private Equity Journal (IVCJ). IVC Research Center publishes the Israel Venture Capital & Private Equity Journal, a quarterly review of trends and developments in the Israeli-related venture capital industry. IVCJ, distributed worldwide, is dedicated to provide wide-range coverage of Israel's venture capital industry. For more information please visit www.ivc-online.com
|
