Topic
IPO
617 published works
China Law Insight
H股上市后境内监管要点与实操问答（流通篇）
By King & Wood
作者：胡静 黄晓雪 高晗 李程锦 随着H股上市公司成功登陆国际资本市场，上市后的股份流通、股东退出机制等议题成为公司及股东关注的焦点。本文作为H股上市后境内监管要点与实操问答系列文章的第二篇，针对上市后股份退出及流通，包括办理“全流通”、非境外上市股份转让及退出、股东减持及公司回购股份等事项，旨在从政策解读、操作流程、风险管理等多个维度，提供境内监管要点与实操问答的指导，帮助企业更好地理解和筹划具体安排，引导遵循正确的流程，防范法律风险。 阅读更多
Louis Lehot Medium Blog
New Episode: Louis Lehot on IPOs, M&A and Navigating Venture in 2025
By Louis Lehot
On the latest episode of The Venture Variety Show I sat down with Alastair Goldfisher for a candid, timely conversation about where the startup and venture ecosystem is headed. Spoiler:…
California Corporate & Securities Law Blog
Can Investors Themselves Be Liable For A Failure To Register The Offer And Sale Of Securities?
Section 12(a)(1) of the Securities Act of 1933 imposes liability on sellers of securities who violate that Act's registration and prospectus delivery requirements. Because the statute refers to sellers, it…
Free Writings + Perspectives
Up-C IPOs and Tax Receivable Agreements
By Emma Chung
Webinar | April 1, 20252:00 – 3:00 p.m. EDTRegister here. Under the right circumstances, an Up-C structure implemented in connection with an initial public offering (IPO) has the potential to deliver…
Securities Law Exchange
SEC Expands Accommodations for its Confidential Registration Statement Review Process, Increasing Flexibility for Issuers
By Katy Presson, Jonathan Stanley
On March 3, the United States Securities and Exchange Commission (SEC) issued guidance expanding its policies related to its confidential Draft Registration Statement (DRS) review process to all registration statements…
Corporate and Securities Law
SEC Expands Confidential Filings to Facilitate Planning for IPOs
The SEC announced that its Division of Corporation Finance is further facilitating capital formation by enhancing the accommodations available to companies for nonpublic review of draft registration statements. The enhanced…
The CLS Blue Sky Blog
China’s New Framework for IPO Accountability
By Lerong Lu, Jiujing Ye
China’s corporate law and securities regulation have undergone a series of legislative reforms over the past decade to enhance investor protection and foster market competition. The comprehensive reform of the…
The CLS Blue Sky Blog
Make IPOs Great Again
In the hunt for wasteful and counterproductive regulatory programs, the SEC’s IPO review process makes for a promising target. In a new paper, I show how this IPO “comment letter”…
China Law Insight
H股上市后境内监管要点与实操问答（基本篇）
By King & Wood
作者：胡静 黄晓雪 高晗 李程锦 随着香港联交所不断推出一系列利好政策，越来越多的企业展现出对赴港上市的浓厚兴趣，同时，市场利好频出，存量上市公司也陆续开展增发、可转债等再融资运作。此前，我们已推出H股上市系列解读文章《改道港股，H股or红筹？（上篇）》《改道港股，H股or红筹？（下篇）》，为境内企业赴港上市的多维考量及监管要求等不同角度做出了详尽的分析。同时，国内外监管机构对上市公司的合规性和运营透明度提出了更为严格的要求。H股上市公司除需基于香港证券监管规则合规运作之外，还应符合境内监管要求，尤其是公司治理、募集资金运用、资本运作等重大方面。结合我们的实务经验及近期境内外监管动态，我们聚焦于H股上市公司上市后的关键议题，通过一问一答形式推出系列文章进行解读，以期帮助更多企业了解上市后的监管要求，能够灵活稳健地在资本市场舞台上稳健前行。 阅读更多
Louis Lehot Medium Blog
The 2025 IPO Market
By Louis Lehot
Are we headed for an IPO rebound in 2025? According to a recent CNBC article, a major window for the IPO market could be opening. They point to prime conditions…