News & Analysis as of

Public Offerings Securities Act of 1933 Government Shutdown

Latham & Watkins LLP

SEC Shutdown: FAQs About Removing the Delaying Amendment

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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!)

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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

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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

Cooley LLP

Historic IPO(s) Price During Government Shutdown

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As highlighted in this press release – and this related case study – Cooley was issuer’s counsel in the MapLight Therapeutics IPO that priced earlier this week. It’s a rarity for an IPO to price during a government shutdown...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

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