The Staff of the Division of Corporate Finance of the Securities and Exchange Commission recently issued a series of Frequently Asked Questions and other guidance on the implementation and application of certain provisions of the JOBS Act. Below is a summary of certain aspects of this initial guidance.

Manatt, Phelps & Phillips, LLP, will continue to monitor and provide updates on the implementation of the JOBS Act. Our lawyers are available to assist with any questions you may have.

Emerging Growth Company Status and Scaled Disclosure Provisions

According to the FAQs recently released by the Staff regarding emerging growth company status and scaled disclosure provisions under Title I of the JOBS Act...