Private companies seeking to go public often use a direct public offering. Unlike an Initial Public Offering, a Direct Public Offering allows an issuer to sell its shares directly to…
A private foreign company seeking to go public may be classified as a U.S. domestic issuer or a non-U.S., foreign private issuer under SEC rules.…
The Jumpstart Our Business Startups Act (the “JOBS Act”) allows an “emerging growth company” to submit a draft of its registration statement and exhibits to the Securities and Exchange Commission…
The JOBS Act’s new rules permitting general solicitation and advertising in Rule 506 will become effective on September 23, and there is still some confusion about the difference between crowdfunding…
Private companies in going public transactions seeking to have their securties quoted on the OTCMarkets OTCQB must first become reporting with the Securities and Exchange Commission (the “SEC”).…
Under the Securities Act of 1933 as amended (the “Securites Act”), a Company that conducts an initial public offering (“IPO”) including in a going public transaction must adequately disclose material…
When companies go public through reverse merger transactions, insiders often employ various mechanisms to obtain not only control of the public shell but also of its free trading shares.…
As the number of U.S. companies launching initial public offerings (“IPOs”) by filing registration statements increased throughout 2013, foreign issuers joined in.…
The going public process involves a number of steps that vary depending on the characteristics of the private company wishing to go public, and whether it will become an SEC…
In going public transactions, issuers consider many captial raising options. One capital raising option is the equity credit Line Most equity lines are structured so that the investor enters into…
