Rule 10b5-1 and Share Repurchase Disclosures. In this microtalk video, we discuss the US Securities and Exchange Commission’s (SEC’s) proposed amendments to Rule 10b5-1 and share repurchase disclosures which could change the way companies conduct buybacks.
Regulation Fair Disclosure (Reg FD). In this microtalk video, we provide a detailed overview of the SEC’s adopted rule, Regulation FD, while also addressing consequences of public companies’ non-compliance.
Up-C Structures. This microtalk video provides a brief overview of umbrella partnership – C corporation structures, which are more commonly referred to as “Up-C structures.”
Management’s Discussion & Analysis. In this microtalk video, we discuss the SEC’s amendments to several of the disclosure requirements relating to Management’s Discussion & Analysis of Financial Condition and Results of Operations (MD&A, or the Regulation S-K Item 303 requirements) in an effort to streamline and modernize.
Nasdaq’s Rule Proposal for Board Diversity and Disclosure Requirements. This microtalk video discusses Nasdaq’s proposal to adopt listing rules related to board diversity. During this brief video, we explain details of the proposal, as well as its objectives for enhanced diversity and inclusion going forward.
An Overview of Special Purpose Acquisition Companies. This microtalk video provides a brief overview of special purpose acquisition companies (SPACs).
PIPE Transactions in Connection with SPAC Business Combinations. In this microtalk video, we discuss private investment in public equity (PIPE) transactions consummated by SPACs.
Special Securities Law Considerations for SPACs & SPAC Transactions. In this microtalk video, we discuss special securities law issues concerning SPACs.
COVID-related Non-GAAP Financial Measures. In this microtalk video, we discuss the use by SEC registrants of non-GAAP financial measures involving COVID-19 adjustments.
SOFR Floating Rate Notes. In this microtalk video, we provide an overview of Secured Overnight Financing Rate (SOFR) Floating Rate Notes. This brief video also discusses the development of SOFR as a benchmark.
Why an Exempt or Hybrid Offering 2018?. In this microtalk, we discuss the various reasons why an issuer, whether a public company or a privately held company, may prefer to undertake an exempt or hybrid offering as a means of raising capital.
Private Placements Overview. In this microtalk, we provide an overview of the regulatory framework applicable to exempt, or private, offerings, focusing principally on Section 4(a)(2) of the Securities Act.
Application of Regulation M to Exempt and Hybrid Offerings. In this microtalk, we provide an overview of the antimanipulation rules under Regulation M.
Securities Exchange 20 Percent Rule. In this microtalk, we discuss the shareholder approval requirements of the securities exchanges, which often are referred to collectively as the 20% rule.
Crowdfunding and Regional Offerings. In this microtalk, we discuss Regulation CF.
Regulation A. In this microtalk, we discuss the Regulation A offering framework.
Public Hybrid Transactions. In this microtalk, we discuss registered direct transactions.
PIPE Transactions. In this microtalk, we discuss the basic structure of a PIPE.
Venture Private Placements. In this microtalk, we discuss the typical terms of Venture Capital financings.
Staying Private. In this microtalk, we discuss the trend toward remaining private longer and deferring an IPO, and also cover the related legal considerations.
Rule 701. In this microtalk, we discuss the most-used exemption for stock-based compensation issuances to employees and consultants by privately held companies, Rule 701.
Regulation S. In this microtalk, we discuss the exclusion from the Section 5 registration requirements available under Regulation S for sales to non-US persons in offshore offerings.
Rule 144A. In this microtalk, we discuss the exemption available under Rule 144A of the Securities Act for resales of certain securities to qualified institutional buyers (QIBs).
Rule 144. In this microtalk, we discuss the Rule 144 safe harbor for resales of control and restricted securities.
Resale Exemptions. In this microtalk, we discuss the most commonly relied upon resale exemptions.
Rule 506. In this microtalk, we discuss the Rule 506 safe harbor under Regulation D.