What’s new in the 2021 update of Corporate Finance and the Securities LawsQuite a lot. 

Highlights in the update include discussions addressing: digital currencies, electronic document delivery, “green bonds” and sustainability-linked bonds, developments in the convert market, which was particularly active in 2020 and 2021, and developments in the insurance-linked market. The update

The SEC’s Office of the Advocate for Small Business Capital Formation (“OASB”) recently issued its 2021 Annual Report (the “Report”), which reviews the capital raising activities of a variety of companies, from startups and emerging businesses to smaller public companies. The OASB, together with the SEC’s Division of Economic and Risk Analysis, provided updated data

The NYSE’s yearly statistics release highlights a second consecutive year of record new listings and the exchange’s increased focus on sustainability.  This year’s listings added $1 trillion of new market capitalization to the exchange, with a total of 2,400 companies listed.  Technology, biotech, and consumer products companies were prominently represented.  Four of the five largest

thumbnailSpenser Skates, Co-Founder and CEO of Amplitude Analytics, will share his company’s direct listing experience with us during our webinar, Direct Listings: Experiment or New Paradigm?, on November 3, 1:00pm ET. Amplitude completed its direct listing in September 2021.

Register here.

About the Webinar

Due to market structure and regulatory changes, the

November 3, 2021 Webinar
1:00pm – 2:00pm EST
Register here.

Due to market structure and regulatory changes, traditional capital-raising path for entrepreneurial companies has evolved. For companies in certain sectors, the firm commitment IPO may no longer be the goal. Successful direct listings have led many to consider this approach as an alternative. But

The Securities and Exchange Commission recently announced the agenda for the upcoming meeting on September 27, 2021, of the SEC’s Small Business Capital Formation Advisory Committee.  The Committee will meet virtually, and the meeting will be a webcast on the SEC’s website.  The Committee will discuss pre-IPO investments and the role of cross-over investors in

Securities and Exchange Commission Chair Gary Gensler was back on the Hill, this time testifying before the Subcommittee on Financial Services and General Government, US House Appropriations Committee.  During his testimony, Chair Gensler commented on five key capital markets trends, which included a discussion on IPO, SPAC and direct listing trends and policy implications.

In

On May 19, 2021, the Securities and Exchange Commission (“SEC”) approved proposed rule changes submitted by The Nasdaq Stock Market LLC (“Nasdaq”) that allow companies to list in connection with a concurrent primary offering.  The approved rule allows a company that has not previously had its equity securities registered under the Securities Exchange Act of

On February 22, 2021, Nasdaq amended the rule changes it initially proposed in September 2020 that would permit an issuer to conduct a concurrent primary offering of its securities and a direct listing on Nasdaq.  In December 2020, the US  Securities and Exchange Commission approved amendments to the New York Stock Exchange (“NYSE”) rules allowing