LONDON: Public Policy Holding Company, Inc. a leading global strategic communications provider offering a comprehensive range of advisory services in the areas of Government Relations, Public Affairs and Corporate Communications, has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed public offering of its common stock in the United States.
To date, there has been no public market for PPHC’s common stock in the United States. The Company has applied to list its common stock on the Nasdaq Global Market (“Nasdaq“) under the symbol “PPHC“.
Following the proposed U.S. offering and listing, PPHC’s shares will be dual-listed on Nasdaq and on the Alternative Investment Market of the London Stock Exchange (“AIM“), where they trade under the same symbol. It is anticipated that the shares will be fully fungible.
The number of shares to be offered and the price range for the proposed offering have not yet been determined. The offering is expected to consist of predominantly newly issued shares and the proceeds from the issue of new shares are intended to support working capital and general corporate purposes, including future acquisition opportunities consistent with the Company’s growth strategy.
Oppenheimer & Co. and Canaccord Genuity are acting as lead bookrunning managers for the proposed offering. Texas Capital Securities is also acting as a joint bookrunner.