Public Company Advisor: The Jumpstart Our Business Startups Act – Important New Legislation Significantly Eases Capital-Raising Regulation and Reporting Requirements



The long-awaited Jumpstart Our Business Startups Act (known as the JOBS Act) was overwhelmingly passed by both the Senate and the House last week and is expected to be signed into law this Thursday by President Obama. The JOBS Act significantly changes the regulatory regime for financing transactions at the seed stage, through an IPO, and thereafter.

The JOBS Act seeks to spur job growth by facilitating the financing efforts of emerging growth companies (EGCs), which are generally defined as companies with revenues less than $1 billion. Most notably, the JOBS Act provides for the following...

Please see full alert below for more information.

LOADING PDF: If there are any problems, click here to download the file.