01.
The Challenge
A medical technology company, facing a tight timeline between IPO and lockup expiration, sought RGP’s expertise to make informed decisions about their equity administration plan and ensure a smooth funds transfer process.
Following their IPO, the company needed to select an equity administration platform, integrate it with their broker, and manage share movement logistics—everything had to be completed before the six-month lock-up expired, allowing employees to sell their holdings.
02.
What We Did
RGP assisted the client in selecting and implementing an equity administration platform. We ensured data accuracy by scrubbing, completing, and loading approved data into the system, followed by reconciliation. We coordinated the process with the selected broker and transfer agent bank and provided guidance on the funds transfer process, documenting each step for clarity.
03.
Our Impact
RGP Finished the process before the six-month lock-up expired, allowing employees to start executing plan transactions right away.
case studies
