Public Company Watch: August 2023

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In the August edition of our Public Company Watch, we cover key issues impacting public companies, including the SEC’s enhanced disclosure requirements regarding cybersecurity risk management, strategy, governance and incident reporting; two recent decisions in the U.S. District Court for the Southern District of New York considering whether crypto-assets are securities; shareholder activism developments; and regulatory updates involving amendments to the Delaware General Corporation Law, Nasdaq rule changes related to reverse stock splits, the new draft Merger Guidelines issued by the FTC and DOJ, and new sustainability and climate-related disclosure standards.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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