When a company decides to go public and offer shares for sale on the stock exchange, it must first go through a process known as underwriting. This involves creating an underwriting agreement, which is a contract between the company and the underwriters who will help sell the shares. But who exactly signs the underwriting agreement?

The main parties who sign the underwriting agreement are the company and the underwriters. The company is represented by its management team, which typically includes the CEO, CFO, and other key executives. These individuals are responsible for overseeing the company`s initial public offering (IPO) and ensuring that it complies with all the legal and regulatory requirements for going public.

The underwriters are typically investment banks or other financial institutions that specialize in underwriting securities offerings. They are responsible for purchasing the shares from the company and then selling them to the public. In exchange for their services, the underwriters receive a fee, which is typically a percentage of the total amount raised through the offering.

The underwriting agreement outlines the terms and conditions of the offering, including the number of shares being sold, the price at which they will be sold, and the timing of the offering. It also includes various representations and warranties by the company, such as the accuracy of its financial statements and other disclosures.

In addition to the company and the underwriters, other parties may also be involved in the underwriting process. For example, the underwriters may hire lawyers, accountants, and other professionals to assist with due diligence and other aspects of the offering. These individuals may also be involved in drafting and reviewing the underwriting agreement.

Overall, the underwriting agreement is a critical document in the IPO process, and it is important for both the company and the underwriters to carefully review and understand its terms. By working together and carefully negotiating the terms of the agreement, the company and the underwriters can ensure a successful offering that benefits both parties.