Topic
IPO
617 published works
Delaware Chancery Law Blog
Defunct Delaware Corporation Cannot Be Used To Circumvent IPO Process
By Chaney Hall, Fox Rothschild LLP
The Court of Chancery recently denied a petition to appoint a custodian for a defunct Delaware corporation under 8 Del. C. § 226(a)(3) because the petitioner sought to use the…
The CLS Blue Sky Blog
Initial Public Offerings and Optimal Corporate Governance
Do companies adopt optimal governance arrangements when they go public? This question has been a hotly debated topic in corporate law and governance and one that I examine in a…
China Justice Observer
China’s New Rules on Law Firms IPO Practice
By Publisher
On 28 Jan. 2022, China Securities Regulatory Commission, the Ministry of Justice and the All China Lawyers Association jointly issued the “Guidelines for the Application of Regulatory Rules – Legal…
The Capital Commitment
Treating “Like for Like”: SPAC Disclosure, Marketing and Gatekeeping in 2022
By Steven Baker, Margaret A. Dale, Michael R. Hackett, William Komaroff, Kirsten E. Lapham, Timothy W. Mungovan, Dorothy Murray, Joshua M. Newville, Todd J. Ohlms, Seetha Ramachandran, Jonathan M. Weiss, Julia Alonzo, James Anderson, Julia M. Ansanelli, William D. Dalsen, Adam L. Deming, Reut N. Samuels, Hena M. Vora
We reported last year that unprecedented SPAC deal volume signaled an increased risk for disputes given their unique structure, including risks associated with disclosure requirements, material non-public information, valuation, and…
Free Writings + Perspectives
What’s the Deal? – Initial Public Offerings: Filing and Post-Filing Period
By Brian Hirshberg, Anna T. Pinedo, Ana Estrada
As we start the new year, over 116 IPOs remain in the queue, predominantly from issuers in the biotech, life sciences, and technology sectors. One of the most important steps…
The CLS Blue Sky Blog
How Does Better Access to Public Firm Disclosures Affect IPO Firm Financing?
By Shawn Shi
Financial markets affect the economy in a fundamental way by facilitating the creation of capital. The market for initial public offerings (IPO) – also known as the “primary market” –…
China Law Insight
当港股上市遇到网络与数据安全——近期热点问题及应对
By King & Wood
在网络安全与数据合规治理体系日趋完善的背景下，网络与数据安全已然成为企业上市过程中监管部门审查关注的重点问题。国家互联网信息办公室（“国家网信办”）今年通过对网络安全审查制度的修订及数据出境安全管理与评估制度的完善，以及进一步强化对数据处理活动所引发的国家安全风险的管控，从而对赴境外上市企业的数据合规水平与数据安全风险防范能力也提出了新要求。此外，12月24日，中国证监会公布《国务院关于境内企业境外发行证券和上市的管理规定（草案征求意见稿）》和《境内企业境外发行证券和上市备案管理办法（征求意见稿）》，就境内企业境外发行证券和上市向社会公开征求意见，其中明确提到，“境内企业境外发行上市的，应当严格遵守……网络安全、数据安全等国家安全法律法规和有关规定”，再次呼应了赴港上市企业应当履行的网络及数据安全义务。
Free Writings + Perspectives
NYSE Listings 2021 in Review
By Carlos E. Juarez, Nicole Veru
The NYSE’s yearly statistics release highlights a second consecutive year of record new listings and the exchange’s increased focus on sustainability. This year’s listings added $1 trillion of new market capitalization to the exchange, with a…
China Law Insight
圆通速递37.9亿非公开发行圆满完成
By King & Wood
圆通速递股份有限公司（简称圆通速递，股票代码：600233.SH）非公开发行A股股份成功完成发行，并已于12月2日完成股份登记。圆通速递本次非公开发行新股269,943,019股，发行价格为每股人民币14.04元，募集资金总额约为37.9亿元。本项目获得圆满定价，发行价格相当于定价基准日前20日交易均价的97%，获得多家二级市场知名基金认可。
Canadian Lawyer Mag
2021s biggest IPO came after decade-long demutualization process which included regulatory revamp
Property and casualty insurance company unable to mimic route taken by Canada's major life insurers