News Alert: President Obama Signs New Capital Formation Bill

As a service to our clients and friends, the Bilzin Sumberg Corporate & Securities Group shares the following information concerning new legislation that dramatically changes how businesses are able to raise capital.

On April 5, 2012, President Obama signed into law the Jumpstart Our Business Startups Act (the “JOBS Act”). The JOBS Act is important new legislation intended to spur job creation and economic growth by improving access to capital. A summary of the JOBS Act’s most significant provisions is provided below.

Please see full alert below for more information.

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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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