Topic
IPO
617 published works
Free Writings + Perspectives
Healthcare and Tech Remain Strong During Slow IPO Market
US IPO volume has declined by almost a quarter year-over-year, according to EY’s recent Global IPO trends report. To date, $44.5 billion in proceeds have been raised in 127 IPOs,…
The CLS Blue Sky Blog
The Valuation and Governance Bubbles of Silicon Valley
The rise and fall of The We Company IPO bubble is one of those events that, like the subprime mortgage bubble that preceded the financial crisis, calls for an examination…
The CLS Blue Sky Blog
The Seller’s Curse and IPO Pricing
Benchmark Capital partner and legendary tech investor Bill Gurley recently declared on CNBC, “It took me two decades to figure this out, but I think Silicon Valley’s been on the…
The CLS Blue Sky Blog
The Puzzling Case of the WeWork Non-IPO
The dramatic implosion of the IPO of The We Company, parent of office-sharing firm WeWork, (the “WeWork IPO) has attracted intense scrutiny across the business community. For scholars and practitioners…
New York Venture Hub
WeWork, SoftBank and Anti-Dilution Protection
The corporate spectacle better known as The We Company IPO officially and mercifully came to an end September 30 when The We Company (“We Co.”), the corporate parent of WeWork, requested that…
The SEC Institute Blog
Testing the Waters Update
Last week we reminded folks that our IPO program will be held on October 25, 2019. In a timely IPO related development, on September 26, 2019 the SEC finalized a…
Capital Markets
SEC Allows all Issuers to Test the Waters
By Rob Evans
The Securities and Exchange Commission, on September 26, 2019, adopted the expanded testing-the-waters relief it proposed in February. The JOBS Act permitted emerging growth companies (EGCs) to test the waters…
The SEC Institute Blog
Learn the Public Offering Process
The IPO market has been in the news the last several months with deals including Uber, Lyft and now WeWork in the headlines. Interestingly, along with all these high-profile deals…
The CLS Blue Sky Blog
Does Mandatory Disclosure for Private Firms Increase Their Chances of Going Public?
By Cyrus Aghamolla, Richard T. Thakor
How do disclosure requirements influence a private firm’s decision to go public? This is an important question for regulators and corporate finance professionals, given current debate about how much information…
Supreme Court Update
Tennessee Secondary School Athletic Ass’n v. Brentwood Academy (06-427), Tellabs Inc. v. Makor Issues & Rights, Ltd. (06-484), Rita v. United States (06-5754)
Greetings, Court Fans! It's getting down to crunch time – between last week and yesterday's flurry of opinions we have nine outstanding summaries to give you, and the last four…