For companies seeking to expand, raise capital, or issue varying securities, many will obtain an CUSIP number to this end. Obtaining a CUSIP number helps with both identification of the securities, and cross border communication. As the CUSIP number is an alphanumeric code, and because many worldwide do not speak the same language, the CUSIP number acts as the identifying distinguishing mark of the securities.
When one seeks to obtain a CUSIP, in the vast majority of cases an offering memorandum or circular or prospectus is needed, along with the CUSIP application process. To obtain an CUSIP number, or an ISIN number, can take anywhere from one day to longer, depending on the needs of the company.
ISIN.net can assist with all aspects of CUSIP obtaining process.