This practice note discusses recent market trends regarding registered direct offerings. It begins by discussing the advantages these offerings provide to issuers and continues with a review of current deal structure and process and applicable shareholder approval requirements. It concludes with an overview of market trends for registered direct offerings, including recent notable transactions, activity
What’s the Deal? Compendium
A compendium of our What’s the Deal? series, providing brief overviews of popular financing methodologies and securities issues and practice pointers, is now available for download here.
Market Trends 2019/20: Registered Direct Offerings
The Market Trends 2019/20: Registered Direct Offerings practice note focuses on recent market trends covering registered direct offerings, providing an overview of the market, recent notable transactions, deal structure and process, and legal and regulatory trends. A registered direct offering is a type of hybrid securities offering, meaning that the offering methodology has certain characteristics
Top 10 Practice Tips: Registered Direct Offerings
Lexis Practice Advisor
These ‘Top 10’ practice tips provides practical guidance for counsel working on a registered direct offering (RDO). An RDO is a public offering of securities sold on a best efforts basis by a placement agent that is engaged by an issuer to introduce the issuer to potential investors. An RDO is generally
Virtual Event: PLI’s Pocket MBA 2020: Finance for Lawyers and Other Professionals
Monday, September 21, 2020 and Tuesday, September 22, 2020
Register here.
The PLI Pocket MBA is for attorneys representing clients in the financial industry. This two-day program is designed to improve your understanding of business strategies, accounting fundamentals and vocabulary used by management, investors, auditors and bankers.
Partner Jen Carlson, co-chair of the event,
What’s the Deal? – Registered Direct Offerings
Registered direct offerings, or RDOs, are hybrid securities offerings, meaning that these offerings have some characteristics typically associated with private placements and some characteristics of public offerings. During periods of market volatility, a registered direct, with its targeted marketing approach, may be an attractive capital-raising alternative. In this What’s the Deal? guide, we provide an
Market Trends 2018/19: Registered Direct Offerings
This Lexis Practice Advisor® market trends article focuses on registered direct offerings, providing an overview of the market and covering recent notable transactions, deal structure and process, and legal and regulatory trends. A registered direct offering is a type of hybrid securities offering, meaning that the offering methodology has certain characteristics associated with a public
Top 10 Practice Tips: Registered Direct Offerings
A registered direct offering (RDO) is a public offering of securities that is sold on a best efforts basis by a placement agent that is engaged by the issuer to introduce the issuer to potential purchasers. An RDO is generally targeted to a select number of accredited and institutional investors, although it may be sold
Market Trends 2017/18: Registered Direct Offerings
Partner Anna Pinedo discusses registered direct offerings in a recently published Lexis Practice Advisor® Practice Note.
Our At A Glance summary of the registered directs market is available here.