Is It Time to Revisit Going Public?
You contacted ITB Solutions in the past to explore taking your company public.
If the timing was not right then, it may be worth taking another look. Market conditions have improved, financing activity has strengthened, and your company’s plans may have evolved.
Let’s revisit your options and determine whether going public makes sense for your company today.
The Answer May Have Been “Not Yet.”
There are many reasons why a company may decide not to move forward with a public listing at a particular point in time.
Market conditions may have been weak. Financing may not have been available on acceptable terms. The company may have needed more time to develop its business, strengthen management, complete an acquisition, advance a project or improve its financial position.
In many cases, the decision was not “no.” It was simply “not yet.”
The Market Has Changed
When you first contacted Go Public in Canada, the financing environment for many emerging companies was considerably more difficult. In 2026, activity in Canada’s public markets has strengthened materially.
Through July, issuers on Canada’s major public markets with comparable published data had raised at least C$22.1 billion, approximately 47% more than during the comparable period in 2025. New-listing activity has also increased significantly.
C$22.1B+
Capital Raised
Across major Canadian public markets through July 2026
+47%
Increase in Capital Raised
Compared with the same period in 2025
292+
New Listings
Across major Canadian public markets through July 2026
Market conditions still vary by company, sector and transaction, but the broader Canadian financing and listing environment is considerably stronger than it was when many companies first put their going-public plans on hold.
If your plans were deferred because the market was not ready, it may be worth taking another look.
Sources: TMX Group and Canadian Securities Exchange. Figures through July 31, 2026. Aggregate figures represent minimum reported Canadian-market totals based on comparable publicly available exchange data; Cboe Canada activity is additional.
Your Company May Have Changed Too
The market may be different from when you first considered going public, but your company may also be in a very different position today.
Since we last spoke, you may have raised capital, increased revenue, advanced a project, completed an acquisition, expanded your management team, strengthened your financial position or reached other important milestones.
Those changes can affect whether your company is ready to go public, which transaction structure may be appropriate and how the market may view the opportunity.
Revisiting the decision today means looking at both the current market and where your company stands now.
What May Be Different Today?
- You have raised additional capital
- Your revenue or customer base has grown
- Your project or technology has advanced
- You have completed an acquisition
- Your management or board has been strengthened
- Your financial position has improved
- Your financing requirements have changed
- Your strategic objectives have evolved
Understanding Your Going-Public Options
There is no single path that is right for every company. The appropriate structure depends on your stage of development, financing requirements, ownership, sector, timing and long-term objectives.
Reverse Takeover (RTO)
An RTO can provide a route to becoming public with an existing listed company. The public vehicle, liabilities, shareholder base and transaction terms require careful assessment.
CPC Qualifying Transaction
A CPC transaction can provide a structured route to the TSX Venture Exchange while combining the going-public transaction with financing and the acquisition of a qualifying business.
Initial Public Offering (IPO)
An IPO provides a direct route to the public markets and may suit companies with the appropriate stage of development, management team, financial profile and financing requirements.
Other Listing Structures
Other structures may also be available depending on the company, its financing needs and objectives. The right approach should fit the business rather than forcing the company into a predetermined transaction.
The right structure should fit the company — not the other way around.
Experience Matters
30+ Years in Capital Markets | 16 Years at Two Canadian Stock Exchanges
Jeffrey Stanger has worked in the Canadian capital markets since 1995, advising private and public companies on going-public transactions, financings and capital-markets strategy.
His experience includes approximately 16 years working in listings-related roles at two Canadian stock exchanges. From 2005 to 2016, Jeffrey served as Senior Advisor, Listings Development at the Canadian Securities Exchange, and later worked with the NEO Exchange, now Cboe Canada, on listings and business development.
That experience provides a perspective few advisors can offer: an understanding of the going-public process from both the issuer side and the stock-exchange side.
Through ITB Solutions Incorporated, Jeffrey has advised companies considering and completing RTOs, CPC Qualifying Transactions, IPOs, financings and other public-market strategies.
Start With Strategy, Not a Transaction
The objective should not be to complete an RTO, IPO or other transaction simply because that structure happens to be available.
The first question is whether going public makes sense for your company today. If it does, the next question is which structure best supports your financing requirements, business plan, ownership and long-term objectives.
The transaction should follow the strategy — not the other way around.
Let’s Revisit the Conversation
You contacted ITB Solutions in the past because becoming public was part of your company’s plans.
The market has changed. Your company may have changed. And the financing, exchange and transaction options available to you today may be different from the ones you considered before.
If going public is still on your agenda, let’s reconnect and take a fresh look at where your company stands today and which path may make the most sense.