Six months. Fifty stakeholders. Hundreds of deliverables. Taking a company public is one of the most complex transactions in legal practice—and one of the hardest to keep on track. Legatics brings structure to IPO preparation with real-time workstream tracking, integrated document management, and complete visibility from engagement to listing.

The challenge: traditional IPO preparation process

An IPO requires coordinating legal, financial, and regulatory workstreams across issuer counsel, underwriters’ counsel, auditors, sponsors, and the company itself—all against immovable regulatory deadlines. Traditionally, teams manage this complexity in Word tables and Excel trackers: logging deliverables, tracking prospectus sections, monitoring regulatory conditions, and chasing directors’ questionnaires across dozens of stakeholders. As the transaction progresses, version control breaks down, critical items get buried in email chains, and nobody has a clear view of what’s actually complete. When the FCA issues comments or timelines shift, updating everyone becomes a project in itself.

How Legatics streamlines the IPO preparation process

• Workstream Organisation – Structure your IPO tracker by phase and workstream: due diligence, prospectus drafting, regulatory filings, conditions to listing, and closing deliverables.
• Responsibility Assignment – Assign deliverables to specific parties—issuer, underwriters’ counsel, auditors, sponsor—so everyone knows exactly what they own.
• Status Tracking – Visual indicators show which items are complete, in progress, or outstanding. Partners see the full picture from the dashboard without chasing updates.
• Direct Document Linking – Attach draft prospectus sections, comfort letters, and regulatory filings directly to relevant items. Everything connects to its source.
• Real-Time Collaboration – All parties work in the same tracker. When timelines shift or the FCA issues comments, updates are immediate and visible to everyone.
• Complete Audit Trail – Every change is logged with timestamps. Know who delivered what, when sign-offs were received, and how the transaction progressed.

Benefits of streamlining your IPO preparation process

• Time Saved – Eliminate hours spent compiling status updates and reconciling tracker versions across parties.
• Better Coordination – Issuer, underwriters, auditors, and sponsors all work from the same source of truth.
• Reduced Risk – Status tracking ensures regulatory conditions and closing deliverables don’t fall through the cracks.
• Complete Visibility – Partners and clients see real-time progress without requesting manual updates. </aside>

How it works in Legatics

For more information about how Legatics can transform your capital markets transaction management, book a demo with our team.