Eastern Technology Group (ETG)
Stage 3 IPO or Privately Held Market Leader
Differentiated Value | Risk Milestones | Stage 1 | Stage 2 | Stage 3 | Stage 4
At this point, you have a sustainable competitive advantage, fully accepted product (FDA approval or similar) or service offering, and a scalable concept. Operations are expanding globally and licensing agreements are in place. You have a strong BOD and you are negotiating mezzanine funding in preparation for a likely IPO. Or, executive management has decided to remain a privately held firm and hold a leadership position until another liquidity or M&A opportunity makes strategic sense.
Risk Management Focus - Advanced
Expand on Stage 2 and:
- If going public, analyze SEC liability exposures and refine your corporate governance procedures to best-practices level with outside counsel; ensure strict compliance with all regulatory bodies; refine HR practices to industry-leading caliber
- Focus on preservation of IP assets
- Continued analysis on asset concentrations and internet liability/reputational risks
- Ensure international operations meet with local laws and regulations by country
Insurance Solutions – Most Advanced Coverage Design
Expand on Stage 2 to include:
- Directors & Officers Liability – increase limits based on market cap analysis and eliminate SEC exclusion to cover the public float exposure
- Expand all coverage to global territory
- Environmental Insurance - first and third party
- Trade Credit & Political Risks
- Intellectual Property
- Ocean Marine
- M&A Product Development for Reps & Warranties exposures
