#CircleIPO The IPO (Initial Public Offering) cycle refers to the process by which a private company becomes publicly traded. The cycle begins with preparation, where the company selects underwriters and files with regulatory bodies. Next, due diligence and prospectus drafting occur, followed by SEC review. Once approved, the company sets an IPO date and price range. After listing, shares are traded publicly, and the company raises capital. Post-IPO, the company must comply with public reporting requirements. Understanding the IPO cycle is crucial for investors, as it provides insight into a company's growth potential, valuation, and risks. IPOs can offer significant opportunities.