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March 23, 2016, Dear Fellow Stockholders: On June 29, 2015, Gannett Co., Inc. became an independent public company. We are pleased to invite you to our first Annual Meeting of Stockholders on Tuesday,
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Becoming an independent public means a company has completed the process of going public and is now traded on a stock exchange.
Any company that wants to go public and be traded on a stock exchange is required to file to become an independent public.
Filing to become an independent public involves submitting the necessary paperwork to regulatory agencies, such as the SEC, and meeting all the requirements for listing on a stock exchange.
The purpose of becoming an independent public is to raise capital by offering shares of the company to public investors and to increase liquidity by allowing existing shareholders to sell their shares on the stock exchange.
Companies going public must disclose detailed information about their financial performance, business operations, and corporate governance structure.
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