... completeness and accuracy of the disclosed information. Selection of underwriters and advisors. As in IPOs, the company may hire underwriters - investment banks that help organize the offering. Underwriters may guarantee the repurchase of part or all ... ... This is part of a motivational strategy where new shares are reserved for rewards, bonuses, or options, helping to retain key staff. Exit for initial investors. In cases where the company has been funded by venture capital funds or large private investors,...