On April 14, 2015, at 1:00 pm EST, Morrison & Foerster Partners Marty Dunn, David Lynn and Anna Pinedo will lead a teleconference on structuring Regulation A+ offerings. Now that the Securities and Exchange Commission has adopted final rules amending Regulation A, issuers, venture and private equity investors and financial intermediaries may want to consider a Regulation A offering as a capital-raising or as a liquidity opportunity. Although its availability is not limited to any particular industry sector, life sciences and biotech companies, community banks, and real estate businesses may find this alternative especially attractive. During our briefing session, we will provide an overview of the new rules and focus on Tier 2 offerings, permitting an issuer to raise up to $50 million in proceeds. Speakers will address:
- Eligibility requirements;
- Preparation of disclosure materials;
- Testing-the-waters and other communications issues;
- Integration of offerings in close proximity;
- Regulation A as a precursor to an IPO;
- Use by selling stockholders; and
- Obtaining a concurrent stock exchange listing.
CLE credit is pending.
To register for this session, or for more information, please click here.
Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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