Founder-grade IPO execution for companies we’ve invested in, delivered by an operator team that has run the audit room, drafted the S-1, and stood under the bell on listing day. Our founder concurrently sits as Group MD & CEO of PUC Berhad (Bursa ACE: 0007). We tell you when you’re ready. And when you’re not.
8-page PDF · 20 questions across 5 dimensions · ~10 minutes · no email required.
Most advisory firms watch from the sidelines. We've been in the boardroom you're trying to get to. Our founder runs a Bursa-listed PLC concurrently. Our directors have led PCAOB audits, drafted SEC filings, and stood under the bell on listing day. That experience changes what we can tell you, and what we won't.
We diagnose first. Then we treat. If we don't believe you'll list, we say so, and we tell you what would change that.
Request Confidential AssessmentAbout one in three first conversations end with us recommending a different path. Our reputation is built on the deals we don’t take.
Funding a company is the easy part; turning it into one the market trusts is the work. Robinhood Corporate treats a company the way a doctor treats a patient: we diagnose before we prescribe, then a team of specialists across governance, audit, tax, capital and IPO execution converges every deliverable into one clean path to the bell.
Robinhood Corporate works with companies in two ways, and only two. Both presume alignment: we engage where the Robinhood ecosystem has put capital into the business, so that our success and yours are tied together from day one.
We run the corporate, governance, IR and capital-markets workstreams across the listed investments held by the Robinhood ecosystem, putting one disciplined team behind every one of them. See the Group Structure on About for the current managed list.
Externally, we engage where the Robinhood ecosystem (Ventures or Robinhood Capital Sdn Bhd) has put capital into the business. This alignment lets us bring the same depth of execution to your IPO and post-listing journey.
If you’re a founder looking for an advisor without an investor on the cap table, we’ll point you toward our partner firms. If you’d like us alongside you for the full journey, that starts with a capital conversation.
Every Robinhood Corporate engagement runs through the same five-phase pathway. Each phase has a defined scope, a deliverable list, and a clear exit gate. You see what you're paying for, and you stop where it makes sense.
Months 0–2. Honest readiness assessment against the chosen exchange (Bursa LEAP / ACE / Main, Nasdaq, NYSE). We map the gap between today and listing day. If you're not ready, we say so.
Months 2–6. Holding-co setup, ownership realignment, board recomposition, committee charters. The corporate plumbing that listing exchanges and auditors will scrutinize first.
Months 6–14. Two-year PCAOB audit cycle for US listings, prospectus / S-1 / F-1 drafting, due diligence files, internal controls. The slowest phase, and the one most deals fail on.
Months 14–17. SEC submission, regulatory back-and-forth, exchange application, investor education, pricing strategy. Underwriter, market-maker, transfer-agent appointments.
Months 17–18+. Pricing, allocation, listing day, lock-up management, first quarterly cycle as a public company. We do not disengage at the bell.
From quiet pre-IPO preparation to the moment the bell rings, Robinhood Corporate is the operating platform behind the milestone, not an advisor watching from the sidelines.
End-to-end coverage of the corporate lifecycle, built around named outputs, not adjectives.
Exchange-fit analysis (Bursa LEAP / ACE / Main · Nasdaq · NYSE), pre-IPO restructuring, holding-co setup, board recomposition, 18–24 month gantt planning.
PCAOB-grade audit firm coordination, internal control framework, financial reporting calendar, quarterly close cadence, disclosure rhythm preparation.
Capital stack design, pre-IPO bridge round structuring, convertible / preferred instruments, cornerstone investor identification, cap-table cleanup before listing.
SEC, exchange, and jurisdictional counsel coordination. S-1 / F-1 / prospectus drafting. Underwriter, market-maker, transfer-agent appointments. Due diligence files and Q&A management.
Investor relations program, board calendar and committee operations, quarterly reporting and 10-K / 20-F discipline, lock-up release management, secondary placement readiness.
Direct relationships with PCAOB-registered auditors, US securities counsel, broker-dealers, transfer agents. Regional bank introductions across KL · HK · SG. Founder-CEO peer network for benchmarking.
We do not bill open-ended hours. Each engagement is structured into the five phases above, with a defined scope, deliverable list, and fee per phase. You see what you're paying for, and you can stop where it makes sense.
Fees split between retainer (covering ongoing advisory and team-time) and milestone fees (paid against named deliverables). Where appropriate, we co-invest in our own mandates, so a portion of our economics is tied to listing success, not just listing attempt.
This model is unusual in regional advisory. It's what we'd want if we were sitting in the founder's chair. We have been.
Four things that make a Robinhood Corporate engagement structurally different from regional advisory firms and large-cap professional services.
Our founder runs a Bursa-listed PLC concurrently. Our directors have led IPO programs across Asia and US markets. We're not theorizing about listing. We've done it.
We turn down mandates we don't believe will list. Our reputation is built on the deals we don't take, and the longer runway we recommend instead.
PCAOB auditors, SEC counsel, transfer agents, and broker-dealers in our direct network. The relationships took 25+ years to build. They take a phone call, not an introduction.
We don't disengage at listing day. Post-IPO governance, IR cadence, lock-up management, and second-financing planning are part of the same mandate, because that's where most newly-listed Asian companies struggle.
Companies with at least USD $10 million in revenue and more than USD $1 million bottom line, with three or more years of audited financial records. Fit also depends on industry and on why the founder is seeking a listing — not every founder should be in the Nasdaq corridor, and we say so in the diagnostic phase.
An 18-month engagement covering four phases: Diagnostic (months 1–3), Structuring and PCAOB audit (months 4–9), SEC filing and review (months 10–15), and Listing plus post-IPO discipline (months 16–18). The 18-month figure is not a target; it is what the sequence actually requires when done properly. Full detail in our 18-Month Listing Pathway pillar guide.
We charge a small upfront and retainer to cover the structuring workstream, but our priority is outcome-based compensation on the cap table. The bulk of Robinhood's economics comes from sponsor commitment appreciating on the same terms as co-investors, not from advisory fees.
Primarily Nasdaq and NYSE for US listings, and Bursa Malaysia for home-market listings. We work through the exchange choice in our three-lens framework — capital, comparable, control. See Bursa or Nasdaq: A Three-Lens Framework.
Nasdaq operates three market tiers. Nasdaq Capital Market: USD 5 million stockholders' equity, USD 15 million public float, 300 round-lot holders. Nasdaq Global Market: USD 8 million stockholders' equity, USD 5 million public float. Nasdaq Global Select Market: USD 11 million aggregate pre-tax income over 3 years, or USD 550 million market cap plus USD 110 million revenue. China-based issuers face an additional USD 25 million public float minimum introduced in 2026. Full breakdown in our Nasdaq Listing Standards 2026 article.
The five-question diagnostic Cynthia Ng walks every founder through before we underwrite: cap table cleanliness, PCAOB audit access, incorporation and IP, board reality, and listing intent. Getting any of these wrong at this stage almost always resurfaces the issue eight months later during SEC review, at ten times the cost. Full framework in The Corporate Doctor Diagnostic: Five Questions.
Yes. In every corporate engagement we underwrite, Robinhood commits its own capital first. This is the structural difference between working with Robinhood and working with a traditional retainer advisor.
Two differences. First, we put capital first — Robinhood commits its own capital before we activate corporate execution, so our incentive is aligned with the founder's outcome, not with a retainer bill. Second, Robinhood is operated by a team that has built and run public companies, including PUC Berhad on Bursa Malaysia. Most investment bankers are professionals who have never sat in a founder's seat as a listed issuer — that operating experience shows up in what we underwrite for, and what we do not.
30-minute candid conversation with the Corporate team. We'll tell you honestly where you stand, and what the realistic path looks like. No commitment. No fee.
