PROPOSED CHANGES TO SHORT-FORM REGISTRATION ELIGIBILITY
The SEC recently (Feb. 9, 2011) proposed rule amendments (PDF) that would eliminate the requirement of credit ratings in determining the eligibility of an issuer to use a short-form registration...
View ArticleIMPACT OF GOVERNMENT SHUTDOWN ON SEC
While Congress is still working to avoid a federal government shutdown at midnight on Friday, Apr. 8, 2011, there is no certainty of success. In the event of a shutdown, all nonessential services and...
View ArticleLINKEDIN WOULD LIKE TO ADD YOU TO ITS PROFESSIONAL NETWORK; DO YOU WANT TO...
Professional networking giant LinkedIn is courting investors in advance of its IPO, but its dual-class share structure gives cause for consideration. No stranger to media heavyweights, including...
View ArticleNasdaq’s BX Venture Market to Provide Listing Alternative for Smaller Issuers
Nasdaq recently announced SEC approval of its BX Venture Market. According to Nasdaq, this new exchange will provide smaller issuers, including over-the-counter traded issuers and issuers failing to...
View ArticleAre You Really Getting a Good Deal with Groupon?
Groupon announced on Jun. 2, 2011 that it would be going public. It is rumored that the long-awaited IPO could possibly raise around $3 billion. That size of IPO would give the social buying site a...
View ArticleNew Roadblock to Going Public in Reverse
Soon it may just be a little harder to go public through a reverse merger transaction. The SEC published proposed rule changes from both the New York Stock Exchange (PDF) and NYSE Amex (PDF) on Aug....
View ArticleWhat Are “Covered Securities” Today?
The SEC recently (Aug. 8, 2011) proposed (PDF) an amendment to Rule 146 under Section 18 of the Securities Act of 1933 to designate certain securities on BATS Exchange, Inc. as “covered securities” for...
View ArticleExchange Roadblocks to Going Public in Reverse Are Now in Place
In August 2011, we commented on proposals by the major national securities exchanges to impose additional listing requirements on companies completing a reverse merger with a shell company. The SEC...
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