GM Files S-1 Form

[The_Blur]

Read closely. GM issued good news for another quarter, as reported on the Autoblog home page. Quietly, in a late paragraph, the article notes that GM begun filing with the SEC a form titled S-1. other reference is available here at Wallet Pop, suggesting that GM could complete the process as early as tomorrow. This could put GM within days of an initial public offering, althought it could take longer.

After the good news of GM success in 2 quarters and a strong product line, GM is in a great position to make big waves in the IPO. Rumors have suggested that this IPO could be the largest in history, although stock would best maintain its value if liquidated slowly.

GM is at a pivotal time in its history. With the re-release of the Camaro, new investment in future powertrains, and fuel economy leaders Cruze and Volt being released this year, GM has a great case for high-valued stock and strong investor support.

Discuss.

[FenwickHockey65]

Hasn't been filed yet. Probably tomorrow though.

[SuperFly03]

Originally Posted by The_Blur

Read closely. GM issued good news for another quarter, as reported on the Autoblog home page. Quietly, in a late paragraph, the article notes that GM has filed with the SEC a form titled S-1. This could put GM within days of an initial public offering.

After the good news of GM success in 2 quarters and a strong product line, GM is in a great position to make big waves in the IPO. Rumors have suggested that this IPO could be the largest in history, although stock would best maintain its value if liquidated slowly.

GM is at a pivotal time in its history. With the re-release of the Camaro, new investment in future powertrains, and fuel economy leaders Cruze and Volt being released this year, GM has a great case for high-valued stock and strong investor support.

Discuss.

S1's allow GM to offer stock on the public market however the filing of one does not indicate they will do so shortly. There is alot of things that have to happen after the S-1 before the IPO.

underwriters still have alot of work to do, you will likely have a private placement of a significant portion of the securities, you have to price it. The public accountants have to do an assload of work.

S-1 is a major step towards the IPO but it truly does not mean the IPO will be in days.

Edit: S-1's are also MASSIVE. If theirs is less than 300-350 pages I would be thoroughly surprised.

There will be so much detail in there that only 2 people can make sense of it: Accountants and Finance

[The_Blur]

The original post has been editted to reflect more information.

[SuperFly03]

Kind of a plain english guide to the IPO process: http://money.howstuffworks.com/nasdaq-ipo1.htm

[The_Blur]

Originally Posted by SuperFly03

Kind of a plain english guide to the IPO process: http://money.howstuffworks.com/nasdaq-ipo1.htm

This is a great guide.