News & Analysis as of

Securities and Exchange Commission (SEC) Fairness Hearings

Sheppard Mullin Richter & Hampton LLP

Not So Fast – Challenges in Reincorporating from California to Delaware

There are several reasons that a California corporation may want to reincorporate to Delaware. Venture capital funds or other investors may demand a reincorporation to Delaware as a condition to financing. Cumulative voting...more

Allen Matkins

Facebook/Oculus VR Acquisition Raises Pseudo-Foreign Corporation Question

Allen Matkins on

Yesterday, The Guardian reported that Facebook had acquired Oculus VR using a combination of cash and stock. Facebook avoided SEC registration by availing itself of a fairness hearing before the Department of Business...more

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