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Privately Held Corporations Liquidity

Mintz - Securities & Capital Markets...

Frequently Asked Questions for Private Companies Considering a Reverse Merger

*This piece appears in PitchBook’s 2023 Annual US VC Valuations Report. We believe this is the wrong question—we view a reverse merger as "going public" during your cross-over round, rather than as an alternative to an IPO...more

Womble Bond Dickinson

Tender Offer Rules & Regulations: What Private Companies Need to Know

Womble Bond Dickinson on

Though more commonly associated with publicly listed companies, tender offer rules and regulations apply to private company transactions as well. Tender offers provide a mechanism for a prospective investor, or the company...more

Foley & Lardner LLP

Outlook for Reverse Mergers

Foley & Lardner LLP on

We have seen the IPO market stall, and the SPAC boom is now bust. So, what options are there for private companies looking to enter the public market in today’s economic climate? A transaction structured as a “reverse...more

Mayer Brown Free Writings + Perspectives

Redrawing the Lines Between Private and Public

Commissioner Crenshaw’s remarks on January 30, 2023, once again, touched on Regulation D and the private markets.  It is understandable that, given companies in the United States have become increasingly reliant on private...more

White & Case LLP

State of the art of the Italian liquidity measures – Keeping Italian Companies Alive?

White & Case LLP on

Over the last three months, the Italian Government has enacted a package of financial assistance designed to help Italian businesses survive the dramatic short-term effects of the coronavirus ("COVID-19") pandemic. The...more

Downs Rachlin Martin PLLC

SBA Extends Eligibility and Safe Harbor Guidance to Private Companies

Prompted by the public clamor surrounding the participation of large, publicly traded and deeply capitalized companies in the Paycheck Protection Program (“PPP”), on April 23, 2020, the Small Business Administration (“SBA”)...more

Winstead PC

Maximizing Private Company Value in Divorce: Achieving a Successful Business Divorce When the Marriage Fails

Winstead PC on

Navigating a successful business exit when a marriage ends in divorce often presents challenges for both parties. Leaving aside the emotional tensions present in divorce, resolving conflicts regarding the ownership of...more

Mayer Brown Free Writings + Perspectives

Sponsored Liquidity Programs

In a recent report, the Nasdaq Private Market (NPM) provided data regarding transaction activity for private company securities. ...more

Mayer Brown Free Writings + Perspectives

Private Secondary Market Liquidity

In a paper titled “Cashing it In: Private-Company Exchanges and Employee Stock Sales Prior to IPO,” authors David F. Larcker, Brian Tayan, and Edward Watts review the practices of 34 tech and services-related companies as...more

WilmerHale

Liquidity in Private Companies

WilmerHale on

Traditionally, the management and investors of venture-backed companies would begin considering an exit for the company—an IPO or acquisition—as it entered the growth phase. Today, however, more and more companies...more

Morrison & Foerster LLP - JOBS Act

What is the RAISE Act and How Useful will it be to Sellers of Private Company Shares?

With the enactment of the Jumpstart Our Business Startups (JOBS) Act of 2012, private companies have the ability to defer an IPO and SEC reporting, and remain private longer than at any time in the past. One result, however,...more

Cooley LLP

Blog: Secondary Sales of Private Company Stock

Cooley LLP on

In years past, a private company stockholder would have expected to wait until the company went public or was acquired to receive any return on investment. However, over the last several years, stockholders in many private...more

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