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定义: 直接公开发行(DPO)是一种公司股票公开交易但无需投资银行承销的上市方式。公司通过直接上市在市场上交易现有股份,无需在上市前筹集新资金。

特点:

  • 无承销商: 公司放弃了承销商提供的安全网,上市过程更快且成本更低。
  • 市场驱动: 开盘价由市场需求决定,上市后无锁定期,早期投资者可以随时出售股份。

DPO vs IPO:

  • DPO: 没有承销商,上市过程简化,费用较低,市场驱动价格。
  • IPO: 有承销商,过程复杂且成本高,股票价格和发行过程由承销商管理。
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Compliance Entity
Biya Global LLC is a U.S. limited liability company. It has completed federal MSB registration (Registration number 31000218637349) with FinCEN under the Bank Secrecy Act and is subject to FinCEN’s supervision.
Biya Global Limited is a New Zealand registered entity. It holds valid FSP registration (Registration number FSP1007221) on the Financial Service Providers Register (FSPR) under the Financial Service Providers (Registration and Dispute Resolution) Act 2008 and is subject to supervision by the Financial Markets Authority (FMA).
The Company is registered as a Financial Service Provider (FSP) on the New Zealand Financial Service Providers Register (FSPR). In accordance with its registered financial service activities and applicable New Zealand financial and anti-money laundering regulations, the Company operates a technology-enabled financial services platform, providing clients with account opening assistance and related technical support services, while connecting with globally regulated and licensed brokerage firms to facilitate access to international securities investment opportunities.
Securities trading, asset custody, fund settlement and clearing services, which require specific financial licenses, are independently provided and performed by licensed financial institutions in the respective jurisdictions. Such regulated activities are conducted under the supervision of the relevant regulatory authorities in accordance with applicable laws and regulations.
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