Posts Tagged ‘guide’
New Financial Thresholds For Pre-Merger Notification For 2024 Announced
On January 22, 2024, the Federal Trade Commission (the “FTC”) announced new jurisdictional thresholds for the Hart-Scott-Rodino Act (“HSR”). The FTC enforces the federal antitrust laws, specifically Sections 1 and 2 of the Sherman Act, 15 U.S.C. §§ 1, 2; Section 5 of the Federal Trade Commission Act, 15 U.S.C. § 45; and Sections 3,…
Read MoreSEC Issues New Cybersecurity Rule, In Effect For December 31st Year End Companies
On July 26, 2023, the Securities and Exchange Commission issued the Final Rule on Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure (the “Cybersecurity Rule”). The Cybersecurity Rule requires public companies to disclose both material cybersecurity incidents they experience and, on an annual basis, material information regarding their cybersecurity risk management, strategy, and governance. Companies…
Read MoreSEC Issues New SPAC/De-SPAC Rules: A Definitive Guide
On January 24, 2024, the Securities and Exchange Commission (“SEC”) adopted final rules relating to special purpose acquisition companies (“SPACs”). This email just touches on the material aspects of the final rules which consist of 581 pages. You can see the final rule here: https://www.sec.gov/files/rules/final/2024/33-11265.pdf Definitions: “De-SPAC transaction” means a business combination, such as a…
Read MoreUnderstanding the Differences Between NQSOs and ISOs: A Guide for Companies
Stock option plans can be a valuable tool for companies to attract and retain talented employees, consultants, and other non-employee service providers. When implementing a stock option plan, it is important to understand the differences between Non-Qualified Stock Options (NQSOs) and Incentive Stock Options (ISOs) to determine which option is best suited for your company’s…
Read MoreWhat Is a 424(b) Filing and Why Is It Important?
If your company is planning to go public or conduct a securities offering in the United States, you’ll need to file a 424(b) prospectus with the Securities and Exchange Commission (SEC). This filing is required under the Securities Act of 1933 and provides important information to potential investors about the securities being offered and the…
Read MoreUnderstanding Emerging Growth Company Status: Advantages and Disadvantages
As a small business looking to go public, you may have heard of the term “Emerging Growth Company” or EGC. Under the Jumpstart Our Business Startups (JOBS) Act of 2012, companies that meet certain criteria are eligible for EGC status. In this blog post, we’ll explore the requirements to be an EGC, the advantages and…
Read MoreNavigating Nasdaq Annual Meeting Rules: A Guide for Companies and Legal Counsel
As a legal professional, it’s important to stay up-to-date on the rules and regulations that govern annual meetings of companies listed on the Nasdaq Stock Market. Failure to comply with these rules can result in significant legal and financial consequences for the company and its directors. Here are some of the key Nasdaq annual meeting…
Read MoreStaying Compliant: A Guide to Understanding the SEC’s Executive Compensation Rules for Public Companies and Their Legal Counsel
As a legal professional, it’s important to stay up-to-date on the SEC’s executive compensation rules that govern public companies. Failure to comply with these rules can result in significant legal and financial consequences for the company and its directors. Here are some of the key elements of the SEC’s executive compensation rules that companies and…
Read MoreUnderstanding the 10-Q Report: A Comprehensive Guide
As a publicly traded company, you are required to file various reports with the Securities and Exchange Commission (SEC) to keep investors informed about your financial position and performance. One such report is the 10-Q report, which is a quarterly report that provides a comprehensive update on your financial performance and operations. In this blog…
Read MoreBeginner’s Guide to the IPO Process
The Initial Public Offering (IPO) Process An initial public offering (IPO) is when a private company becomes public by selling its shares on a stock exchange. This is a major event for any company, as it allows them to raise capital from the public and become a listed company. The IPO process can be a…
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