News & Analysis as of

Public Offerings Initial Public Offering (IPO) Registration Statement

Latham & Watkins LLP

SEC Shutdown: FAQs About Removing the Delaying Amendment

Latham & Watkins LLP on

If the US Government shutdown drags on, market participants will start to ask what options are available to get pending deals across the finish line while the SEC is not able to declare registration statements effective....more

Cooley LLP

Corp Fin Issues “Reopening” Guidance (And It Has to Process 900 Registration Statements!)

Cooley LLP on

In addition to noting its backlog includes 900 registration statements, Corp Fin posted this list of 9 “reopening” FAQs, which can be summarized as follows...more

Cooley LLP

Rerouted but Not Delayed: How Navan’s IPO Stayed the Course

Cooley LLP on

The challenge - A decade ago, Navan set out to revolutionize the travel industry through an all-in-one platform to streamline how business travelers navigate the world – with artificial intelligence at its core....more

Ropes & Gray LLP

SEC Staff Updates its Guidance to Enable IPO Registration Statements to Go Effective During Government Shutdown

Ropes & Gray LLP on

IPO companies and other companies may have their registration statements go effective automatically 20 days after filing by operation of Section 8(a) of the Securities Act of 1933 (the “Securities Act”), notwithstanding the...more

Pillsbury Winthrop Shaw Pittman LLP

A Rising Tide May Lift All Boats: SEC Adopts Rule 163B, Permitting All Issuers to “Test the Waters”

The rule is an expansion of a popular modernization reform previously only available to emerging growth companies. All issuers considering a registered securities offering will now be able to engage in “testing-the-waters”...more

Bass, Berry & Sims PLC

The Rumors of the Death of Gun Jumping Have Been Greatly Exaggerated

Bass, Berry & Sims PLC on

Generally speaking, the federal securities laws were drafted with the purpose of limiting the kind and amount of pre-offering publicity permitted in registered public offerings. Pursuant to Section 5(c) of the Securities Act...more

McGuireWoods LLP

Fitbit IPO Cyber Risk Disclosures

McGuireWoods LLP on

Earlier this month, fitness-tracking company Fitbit, Inc. filed a Form S-1 Registration Statement for an IPO of up to $100 million that exhaustively disclosed potential cybersecurity risks with respect to the personal data...more

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