Roadshows & Non-Deal Roadshows Flashcards
7 cards from real CIRO practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Roadshows & Non-Deal Roadshows flashcards as text
What is a non-deal roadshow (NDR) in investor relations?
Answer: A marketing trip conducted by management to meet investors without the purpose of raising capital
An NDR is a series of investor meetings conducted to build relationships and communicate the company's strategy without a concurrent securities offering.
During an IPO roadshow, who typically leads the investor presentations?
Answer: The CEO and CFO, supported by the lead underwriter's banking team
The CEO and CFO are the primary presenters because they carry the most credibility with institutional investors, while the lead underwriter coordinates logistics and facilitates the process.
What is the primary purpose of conducting a roadshow in investor relations?
Answer: To give management direct access to current and prospective institutional investors
Roadshows provide management with the opportunity to communicate the company's investment thesis directly to institutional investors and build long-term shareholder relationships.
Which document is typically the centerpiece of a roadshow investor presentation?
Answer: An investor presentation deck covering strategy, financials, and investment highlights
A tailored investor presentation deck highlights the company's value proposition, competitive positioning, financial performance, and growth strategy for investor audiences.
What is the 'quiet period' as it applies to an IPO roadshow?
Answer: A period after the IPO during which the underwriter cannot publish research on the company
The post-IPO quiet period restricts underwriters and their analysts from publishing research immediately after the offering to prevent conflicts of interest; this typically lasts 25–40 days.
How far in advance should an IR team ideally begin planning a major roadshow?
Answer: Four to six weeks in advance to coordinate management calendars and investor targeting
Effective roadshow planning requires four to six weeks to coordinate executive availability, target the right investors, prepare materials, and book venues or travel logistics.
Which meeting format is most common during a non-deal roadshow?
Answer: One-on-one meetings between management and portfolio managers or analysts at institutional investors
One-on-one meetings are the preferred format for NDRs because they allow for candid dialogue with key decision-makers at institutional investment firms.