On March 4, 2020, the Securities and Exchange Commission (SEC) published a release entitled “Facilitating Capital Formation and Expanding Investment Opportunities by Improving Access to Capital in Private Markets” (the...more
6/5/2020
/ Capital Formation ,
Entrepreneurs ,
Exemptions ,
General Solicitation ,
Investment Opportunities ,
Investors ,
Offering Communications ,
Offerings ,
Proposed Amendments ,
Safe Harbors ,
Securities and Exchange Commission (SEC)
In light of the health and safety concerns related to coronavirus disease 2019 (COVID-19), the U.S. Securities and Exchange Commission (SEC) has recently issued guidance to assist public companies with upcoming annual...more
Traditional rights plans are adopted to protect companies against hostile takeover actions. However, in the current distressed environment, where energy stock prices have plunged and many companies have incurred significant...more
Preferred stock issuances by Delaware corporations are often effected through a board’s “blank check” power contained in a company’s certificate of incorporation and permitted by Section 151(a) of the Delaware General...more