Securities and Exchange Commission Chair Clayton had commented in several interviews over the last couple of months regarding possible SEC Staff guidance regarding SPAC disclosures. In a prior post, we also had noted that in remarks given at a conference this fall, SEC Commissioner Lee also had noted that perhaps given the proliferation in
Traditional IPO vs. Merging with a SPAC
This chart is intended to compare and contrast, in summary form, various components of a traditional initial public offering versus merging with a special purpose acquisition company (“SPAC”).
Mortgage Market Developments and Becoming a Public Company
December 14, 2020 Webinar
2:00 p.m. – 3:00 p.m. EST
Register here.
In recent months, there have been a number of mortgage originators and servicers that have joined the ranks of SEC reporting companies. Some have gone public relying on a traditional IPO. While others have taken a different, and increasingly popular, alternative path
Becoming a US Public Company: The New Three-track Process
December 1, 2020 Webinar
11:00 am EST – 12:00 pm EST
Register here.
Following IFLR’s publication of A Deep Dive into Capital Raising Alternatives, this webinar will discuss the new dynamics in the US capital markets. Despite the pandemic, the US IPO market in 2020 has been quite active, exceeding 2019 in the
Webinar: SEC and Other Developments Affecting Private Capital Markets
November 17, 2020 Webinar
11:00 a.m. – 12:00 p.m. EST
Register here.
For a number of years now, significantly more capital has been raised by companies in the US private markets than in US SEC-registered offerings. In IFLR’s recently published book, A Deep Dive into Capital Raising Alternatives, changes brought about to the
A Deep Dive Into Capital Raising Alternatives: IFLR’s New Book and Free Webinars
In the International Financial Law Review’s latest publication, A Deep Dive Into Capital Raising Alternatives, Mayer Brown provides context on the changes in market structure and market dynamics that led to the enactment of the JOBS Act. Specifically, the trend for many private companies to remain private longer, defer or dispense with traditional
PIPE & Other Capital Raising Transactions in Connection with De-SPACing
November 5, 2020 Webinar
2:00 p.m. – 3:00 p.m. EST
Register here.
To mitigate the risks associated with redemptions, as well as to provide additional capital for the continuing public company, most de-SPAC transactions are now accompanied by a PIPE transaction. Marketing the PIPE transaction to potential investors alongside the de-SPACing also may be
Going Public in the US by Merging into a SPAC: Weighing the Pros & Cons
November 2, 2020 Webinar
9:00 a.m. to 10:00 a.m. EDT
Register here
SPACs continue to grow in popularity and significance in the US. Despite COVID-19, US capital markets remain active for SPAC IPOs. Many emerging companies are receiving indications of interest from SPACs seeking acquisition candidates. Our session focuses on helping management teams and boards
How Much is That D&O Premium? Eye-Popping D&O Price Increases Confound SPAC Sponsors
As SPACs continue to barrel through 2020 at top speed, SEC has taken notice and we’ve already seen a number of remarks focusing on sufficient disclosure from Chair Clayton and Commissioner Lee. One area that does not seem to be getting full level of disclosure is the pricing of directors and officers (D&O) insurance
SEC Reporting Issues for Foreign Private Issuers: Bloomberg Tax Portfolio 5507-4th
Portfolio 5507 discusses the securities laws applicable to foreign private issuers that access the U.S. capital markets and the integrated disclosure system.
This most recent edition includes updates for foreign private issuers, and the financial intermediaries that work with foreign private issuers, in connection with public offerings and exempt offerings.
The portfolio has been updated