A company can set the time frame for its ETO as it wishes. This might depend on the type of investor the company wants to address. We estimate that a typical ETO process takes around three to four months, from the initial set-up until the end of the public offering. The actual fundraising duration can vary; however, we do recommend a one week private (pre-ETO) and a month-long public placement (ETO).

To learn more about ETO process read this blog post.