For companies, getting listed is akin to passing through a "dragon gate" threshold.
Once successful, the company undergoes a transformative metamorphosis, gaining numerous benefits.
To say the least, in terms of profit, through an Initial Public Offering, a company can raise significant capital in one go, far exceeding traditional bank loans. Additionally, listed companies can refinance through various methods such as additional share offerings and rights issues.
The equity holders of the company will see a substantial increase in their worth in a short time, and it's not impossible for it to multiply several times.
Faced with the great benefits of being listed, many companies wanting to meet listing conditions, or just reaching the listing threshold hoping to "better meet" those conditions, will resort to various means to deceive the regulatory mechanisms, both overtly and covertly.
