As we enter the second half of the year, it is once again time for many foreign private issuers (“FPIs”) to complete their annual assessment of FPI status. The determination of whether an issuer is an FPI must be made as of...more
Global IPO markets endured a difficult 2023 in the face of rising interest rates and geopolitical uncertainty. But after a challenging 12 months, the outlook for IPO activity in 2024 is brightening This past year has been one...more
4/18/2024
/ Asia Pacific ,
Capital Markets ,
Czech Republic ,
EU ,
Global Market ,
Infrastructure ,
Initial Public Offering (IPO) ,
Investment ,
Investors ,
Private Equity ,
Real Estate Market ,
Retail Market ,
Technology Sector ,
Transportation Industry ,
UK
Loan and bond issuance by borrowers/issuers in Latin America and the Caribbean (LatAm) in international debt markets dropped significantly over the first nine months of 2023. But after a slow start, momentum is beginning to...more
Resetting expectations -
It was clear in the opening months of 2022 that the winds had changed for the global IPO market as compared to the prior year, a rocky path that continued throughout the year and into the first...more
4/28/2023
/ Asia Pacific ,
Capital Markets ,
Economic Growth ,
EMEA ,
Environmental Social & Governance (ESG) ,
EU ,
Global Market ,
Initial Public Offering (IPO) ,
Investment ,
Investors ,
Publicly-Traded Companies ,
Special Purpose Acquisition Companies (SPACs) ,
Stock Markets ,
Technology Sector ,
UK
IPOs of Latin America-based companies enjoyed a robust year in 2021, especially when it came to listings in Brazil in sectors like fintech -
In line with global trends, Latin American issuers recorded surging IPO volumes...more
Fueled by strong stock markets and the need for yield, investors poured money into IPOs in 2021, resulting in a record-breaking year -
Global IPO activity hit an all-time high in 2021 as the market continued to roar back...more
After weathering pandemic-related disruption early in 2021, Latin American loan and bond markets remained open for business, with bonds leading the way -
Ongoing COVID-19 disruption in 2021 saw a decline in Latin American...more
A combination of SPACs, pent-up demand from pandemic-shocked 2020 and a wave of technology listings drove the IPO market to record highs -
The global IPO market made up for lost time in 2021. After a slow 2019 and a...more
Strong pandemic-era performance and a look around the corner
"IPO activity in Latin America has hit record levels in 2021, with the region’s largest economy taking the lion’s share of the bounty."
During the first eight...more
Growing investor appetite for financial products with a positive impact, coupled with a demand for recovery capital post-COVID-19, have lifted the market for social bonds....more
On March 27, 2020, the United States Coronavirus Aid, Relief, and Economic Security Act (the "CARES Act") became effective. The primary purpose of the CARES Act is to provide businesses affected by the novel coronavirus...more
On December 18, 2019, the Securities and the Exchange Commission (the “SEC” or the “Commission”) published its proposal to amend the accredited investor definition set forth in Rule 501(a) of Regulation D under the Securities...more
1/8/2020
/ Accredited Investors ,
Family Offices ,
Investment Opportunities ,
Limited Liability Company (LLC) ,
Natural Person Requirement ,
Private Funds ,
Private Offerings ,
Proposed Amendments ,
Public Comment ,
Registered Investment Advisors ,
Regulation D ,
Rule 144A ,
Rule 501 ,
Rule 506 Offerings ,
Rural Business Investment Companies (RBICs) ,
Securities and Exchange Commission (SEC) ,
Small Offering Exemptions
In light of recent discussions regarding the content and implications of Regulation Best Interest, Securities and Exchange Commission (“SEC”) Chairman Jay Clayton recently stated that broker dealers should be ready for the...more
The SEC has published proposed changes to Guide 3 which are intended to update, clarify and codify the Guide with the aim of eliminating overlaps between U.S. GAAP, IFRS or other SEC rules, simplifying compliance efforts and...more
SEC is seeking public comments in its concept release in an effort to simplify, harmonize and improve the existing exempt offering framework.
On June 18, 2019, the Securities and Exchange Commission (the “SEC” or the...more
7/24/2019
/ Accredited Investors ,
Capital Formation ,
Capital Raising ,
Disclosure Requirements ,
ETFs ,
Exemptions ,
Harmonization Rules ,
Investor Protection ,
Offering Communications ,
Offerings ,
Pooled Investment Vehicles ,
Private Placements ,
Public Comment ,
Regulation A ,
Regulation D ,
Rule 506 Offerings ,
Secondary Markets ,
Securities ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Small Offering Exemptions
The SEC is proposing to extend the testing-the-waters ("TTW") accommodation to all issuers, including investment company issuers.1 Citing the dominance of the IPO market by emerging growth companies ("EGCs")2 and evidence...more
2/25/2019
/ Accredited Investors ,
Corporate Issuers ,
Emerging Growth Companies ,
Initial Public Offering (IPO) ,
Investment Companies ,
JOBS Act ,
Offerings ,
Proposed Rules ,
Public Comment ,
Qualified Institutional Buyers ,
Regulation FD ,
Request For Information ,
Securities Act ,
Securities and Exchange Commission (SEC) ,
Testing-the-Waters Communications