Startup companies progress through various stages of raising outside capital as they grow. This often starts with seed funding from founders and/or angel investors, progresses into various rounds of equity financing rounds...more
In August 2020, the FASB issued ASU 2020-06, Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity (“ASU 2020-06” or the “ASU”). ASU 2020-06 simplifies an issuer’s accounting for convertible...more
Find out why the recent guidance from the SEC on how SPAC warrants are classified requires careful consideration of the specific facts and circumstances for each entity and each contract....more
6/15/2021
/ Corporate Governance ,
Equity Securities ,
Fair Value Standard ,
Financial Accounting ,
Private Placements ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Shareholders ,
Special Purpose Acquisition Companies (SPACs) ,
Valuation ,
Warrants
Employing a “blend and extend” strategy to reduce near-term cash spend may be ideal in the current environment, but companies should also be aware of the associated hedge accounting implications....more
Renewable energy power producers may not be aware of reporting challenges under International Financial Reporting Standards ("IFRS") for contracts often utilized in project finance to develop new wind or solar facilities....more
Lower natural gas prices are causing E&P companies to get creative with their hedging strategies to lock in near-term cash flows above the dismal levels the market is currently offering. When hedging with options, it’s not...more
1/10/2020
/ Exploration and Production Assets ,
Fair Value Standard ,
Financial Reporting ,
Gas Prices ,
Hedging ,
Natural Gas ,
Oil & Gas ,
Popular ,
Publicly-Traded Companies ,
Risk Management ,
Swaps ,
Trade Options ,
Valuation
Wind farm owners and project sponsors have increasingly turned to corporate power purchase agreements (PPAs) and other hedging alternatives to secure predictable cash flows. Depending on the structure of these agreements,...more
Bid-ask spreads have recently been a sticking point in oil and gas deals. Sellers may feel optimistic on commodity prices or future asset performance, but buyers may be cautious, or even pessimistic, on these points. One...more
With a lack of traditional utility power purchase agreements available to meet demand, wind project sponsors have turned to corporate power purchase agreements (PPAs) and other hedging alternatives to secure predictable cash...more