Topic
IPO
617 published works
IPO, Then What?
Watch Now: M&A Forum – SPACs – Fad or Here to Stay
By Foley Hoag
Special purpose acquisition companies (SPACs) have been gaining traction as one of the most popular exit strategies over the last year. They have been pitched as an easier way to…
Andrew Abramowitz, PLLC
Assessing the Costs of SPACs
The casual reader of the business pages has seen over the past year or so many articles about SPACs, the financial structure du jour, which have actually been around for…
China Law Insight
私募基金与上市公司系列（五）：IPO股东信息披露新规之十问十答
By King & Wood
新年伊始，A股IPO审核趋严且新规频出。中国证监会和深交所分别于2021年1月29日和2月5日出台《首发企业现场检查规定》和《关于启动合并主板与中小板相关准备工作的通知》。在试点注册制的背景下，这无疑是践行“零容忍”和“建制度”的重要一环。随后，为了以信息披露为核心的注册制改革继续平稳推进，中国证监会又重磅推出《监管规则适用指引——关于申请首发上市企业股东信息披露》（“IPO股东信息披露新规”或“《指引》”）。IPO股东信息披露新规剑指“突击入股”、“影子股东”等A股IPO中的重要事项，引起了业内人士强烈反响。本文将以问答形式从A股IPO企业及PE基金的不同视角对《指引》进行解读。
Life Sciences Legal Insights
Digital Health IPO Class of 2020: How Are They Performing Now?
In prior years, it was almost a foregone conclusion that promising digital health startups would be acquired by other companies before having the opportunity to debut on the public markets.…
China Law Insight
征和工业成功登陆A股
By King & Wood
1月11日，青岛征和工业股份有限公司（简称“征和工业”）在深圳证券交易所中小板成功发行A股股票并上市（股票代码：003033），发行价格为23.78元/股，募集资金总额为人民币47,607.60万元。 征和工业成立于1999年10月，主要从事各类链传动系统的研发、制造和销售，是国内链传动行业的领军企业。同时，发行人主持或参与制定及修订了二十余项国家和行业标准，承担了多项国家级重大科研项目。 金杜律师事务所作为发行人律师，在项目进行过程中，凭借丰富的项目经验，提供了专业的法律意见和有效的解决方案，在其成功上市过程中发挥了关键性作用，得到了客户及其他中介团队的充分认可和高度评价。 本项目的主办合伙人为李萍、高怡敏、孙志芹。
China Esquire
Taking the Company Public!
By Chinaesq
I had the privilege of leading PubMatic’s $140M initial public offering (via traditional IPO) on December 9, 2020. After months of working long days, nights, and weekends, I am getting…
IPO, Then What?
Primary Direct Listings
What you need to know about this IPO alternative On December 22, 2020, the Securities and Exchange Commission (SEC) approved a NYSE rule that permits an issuer, at the time…
The CLS Blue Sky Blog
The Lowdown on SEC Approval of the NYSE Primary Direct Listing Proposal
By Anat Alon-Beck, Robert Rapp, John Livingstone
Direct listings, the most promising disruptor of IPOs, received a significant boost this week, thanks to the U.S. Securities and Exchange Commission (SEC) ruling on a petition from the Council…
Free Writings + Perspectives
SEC Staff Guidance on SPAC Related Disclosures
Securities and Exchange Commission Chair Clayton had commented in several interviews over the last couple of months regarding possible SEC Staff guidance regarding SPAC disclosures. In a prior post, we…
Duff on Hospitality Law
Online Travel Update: Airbnb’s blockbuster IPO arrives with $100 billion valuation; Expedia dismisses launch of Google’s Travel Insights; RVs gain popularity as new mode of accommodation and travel
By Greg Duff
Last week’s news headlines were dominated with a major milestone in the short-term rental industry as Airbnb’s long-awaited IPO finally arrived. While many will continue to debate Airbnb’s initial valuation,…