When companies are selling stocks publicly, they need to make sure everything is done properly. The way it is done with having a transfer agent handle all of the records. The agent, preferably from an outside company, takes care of making sure that everything is paid and lost stock certificates are replaced. That is why when a corporation is looking to be listed, they need a NASDAQ transfer agent to handle what needs doing. The process will run smoothly, which every person involved will be happy. Business is up front and legal in this manner.
People new to business never realize all the work that is done behind the scenes. They never see all that is involved with being traded on an exchange like NASDAQ. Records fall under government regulation, like all other aspects. Quite a bit of keeping up with all this falls to the NASDAQ transfer agent, who makes sure the going is smooth for all parties. Those who own the stock want to make sure that benefits like dividends are handled professionally and on time. A company hiring an outside agent will be able to show they are not doing anything inappropriate.
The right choices are not just one that knows the paperwork. They also need to be able to work with the company in a manner that melds with the team. When looking for an agent, contact EquityTrack at (801)-433-9925 to see what is possible for a company wanting to be listed. Also follow on Twitter.