This OLNS Snapshot reflects our experience advising tech companies through IPO processes on both sides of the Atlantic.

In this second part, we turn to the middle ground: listing on the Frankfurt Stock Exchange while still accessing U.S. investors through an "ADR" (American Depositary Receipt) program.

In this Snapshot, we explore how the diverging timelines between exit horizons and employee tenure are breaking traditional ESOP models – and what you can do about it.

What you need to know about settling employee participation programs in an exit scenario, with a focus on the German market.