CIRO Roadshows & Non-Deal Roadshows 3

Question 1

What is a 'field trip' or 'site visit' in investor relations?

Accepted Answer

A visit by institutional investors to the company's facilities to gain firsthand operational insight

Answer

An SEC inspection of the company's financial records at its headquarters

Answer

A trip taken by the IR team to visit peer company locations for benchmarking

Answer

A regulatory audit conducted at the company's primary manufacturing site

Question 2

How did virtual roadshows change investor relations practices after 2020?

Accepted Answer

They allowed companies to reach a significantly larger number of investors in less time and at lower cost

Answer

They were banned by the SEC for IPO transactions due to fraud concerns

Answer

They replaced all in-person meetings permanently as required by new FINRA rules

Answer

They reduced investor interest due to the lack of personal interaction

Question 3

What is the recommended best practice for the number of investor meetings per day during a roadshow?

Accepted Answer

Approximately 6 to 8 meetings per day to balance productivity and management energy

Answer

At least 15 meetings per day to maximize coverage

Answer

Only one meeting per day to allow thorough preparation between sessions

Answer

Exactly 10 meetings per day as required by underwriting agreements

Question 4

Which technology platform type is most commonly used for conducting virtual roadshow meetings?

Accepted Answer

Video conferencing platforms such as Zoom or Teams, combined with IR-specific virtual event tools

Answer

Dedicated IR portal software integrated with the company's EDGAR filing system

Answer

Public webcast platforms open to retail investors via the company website

Answer

Secure SEC-approved blockchain-based investor communication platforms

Question 5

How should management best prepare for difficult or hostile questions during an investor roadshow?

Accepted Answer

Prepare and rehearse answers to anticipated tough questions, including bear-case scenarios and competitive threats

Answer

Refuse to answer any questions that reference negative financial metrics

Answer

Delegate all challenging questions to the lead underwriter's banking team

Answer

Provide only written responses to avoid misquotation during Q&A

Question 6

What is the primary goal of a post-roadshow debrief conducted by the IR team?

Accepted Answer

To capture investor feedback, track follow-up commitments, and refine messaging for future roadshows

Answer

To file a required report with the SEC summarizing all investor meetings held

Answer

To issue a press release summarizing the company's investor outreach activities

Answer

To determine whether the CEO performed adequately and should continue in the role

Question 7

When should an IR officer update the investor presentation materials used during a roadshow?

Accepted Answer

Regularly to reflect material changes in strategy, financials, or market conditions, and always after each earnings release

Answer

Only at the beginning of each fiscal year to align with the annual report cycle

Answer

Whenever the SEC issues a comment letter on the company's most recent 10-K

Answer

Only when requested by the lead underwriter prior to a capital markets transaction