Once again proving that you can’t judge a gift by its box, emerging growth companies (EGCs) received a pleasant, but oddly wrapped, surprise in December with the enactment of a new law authorizing spending on highway and transit projects. Although adopted with less fanfare than the JOBS Act, the new FAST Act (that’s short for … Continue reading “FAST Act Offers More Goodies to Emerging Growth Companies”
Author: David Westenberg
David A. Westenberg, a partner in the Corporate Practice Group of WilmerHale in Boston, is author of the acclaimed book Initial Public Offerings: A Practical Guide to Going Public (Practising Law Institute, October 2009).
JOBS Act: Important Benefits for Startups Not on the IPO On-Ramp
The JOBS Act is probably best-known for creating an “IPO on ramp” intended to reduce the cost and complexity of going public, but the act also contains important benefits for startups that are years away from an IPO, or never plan to go public. By loosening decades-old restrictions on private fundraising, permitting a new financing … Continue reading “JOBS Act: Important Benefits for Startups Not on the IPO On-Ramp”
The JOBS Act—The “IPO On-Ramp” Makes IPOs Easier
Enacted with great fanfare in early April, the JOBS Act is intended to improve access to the public capital markets for startup companies. The cornerstone of the act is the creation of an “IPO on ramp” which provides “emerging growth companies” up to five years following their IPO to come into full compliance with various … Continue reading “The JOBS Act—The “IPO On-Ramp” Makes IPOs Easier”
From Main Street to Wall Street—10 Things a Startup Should Do to Groom Itself for an Eventual IPO
You’ve got the vision, the core team, and even a little money. You’re prepared to devote enormous time and energy to your new startup. You’re unsure what the future will bring but you want to preserve the possibility of going public some day. Here are 10 things you can do to put your startup on … Continue reading “From Main Street to Wall Street—10 Things a Startup Should Do to Groom Itself for an Eventual IPO”
Ready, Set, Go Public—The 10 Things You Need to Do Now
The IPO market is open for business. The IPO market window has slammed shut. Which is it? Unless your IPO is pricing in the next week or two, it doesn’t matter. The reality is that IPO planning typically takes six to 12 months. If you hope to go public in the next year-and want to … Continue reading “Ready, Set, Go Public—The 10 Things You Need to Do Now”