Public Offering Services

Tunstall Consulting has assisted clients in developing over 35 public offering transactions with first tier underwriters. The process for such an engagement begins with the creation of a Business Plan that is specifically written for the public markets and highlights the key
financial statistics and positioning elements that will be utilized by industry analysts to market the Company to public institutional investors.

The willingness to provide capital is only the beginning of a long-term relationship with an underwriter. The underwriter will, in may cases, be able to provide additional value through introductions to key strategic relationships and/or advice and guidance on the company's overall mission based on thier depth of specific industry expertise.

Positioning and Valuation - How a company is positioned in the market with respect to the industry and comparable companies it will be compared to for valuation purposes will have a significant impact on the value of the entity. In many cases, how a company is positioned and valued varies substantially between underwriters based on the opinions of each firm's analysts. These differences become critical because they can have a substantial impact on the multiple to be assigned to the company and management's ownership dilution. With "proper" capitalization as a primary objective, Tunstall Consulting aims to optimize the positioning and valuation of its clients' companies by establishing introductions and securing proposals from multiple underwriters with respect to the positioning, valuation, and recommended structure for a proposed public underwriting.