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It is difficult to predict whether this year will mark a turning point in which we see some unicorns undertake IPOs.

A bill was introduced recently in the House of Representatives, which proposes to amend the Securities Exchange Act of 1934 to require the Securities and Exchange Commission to allow publicly traded companies with a certain sized public float to change their stocks' tick sizes to increase liquidity by incentivizing capital commitment, research coverage, and brokerage support, thereby increasing the stocks' liquidity and investor interest, and for other purposes.

The SEC’s proposed changes to private offerings, including proposed changes to Form D, Form D filing requirements, and temporary requirements to submit general solicitation materials, already are generating comment.

As the SEC continues to make progress with rulemaking to implement the mandate of the JOBS Act, perhaps attention will turn once again to addressing other factors that affect initial public offerings.

Fenwick & West partner Stephen Graham reports that the JOBS Act will provide for confidential filings in advance of an initial public offering (IPO).

SPACs and Direct Listings have emerged as a significant new liquidity path for high growth tech companies over the last several months.

The SEC announced that its staff will host a roundtable early next year to discuss the impact of decimal-based stock trading on small and mid-sized companies, market professionals, investors, and U.S. securities markets.

Recently, Congressmen Scott Garrett, Kevin McCarthy and Patrick McHenry wrote to urge Chairman Schapiro to consider, in connection with the SEC’s Rule 506 rulemaking, the regulatory burden that may be imposed by a complex investor verification process and noted that lawmakers did not contemplate a burdensome verification process when the JOBS Act was being considered.

In a recent journal article, titled "Legal Institutions and IPO Puzzles," authors Ruoying Chen and Saul Levmore, address IPO underpricing.

On July 1, 2016, the Securities and Exchange Commission (the "SEC") approved a change to the Listing Rules of NASDAQ Stock Market LLC.

A press release by the National Venture Capital Association (NVCA) and Thomson Reuters reports a significant jump in the number of VC-backed IPOs during the second quarter of 2015.

Last week, the New York Stock Exchange (NYSE) Group announced that it had raised $136 billion from 397 transactions, including IPOs and follow-on financings, in 2015.

On December 6, 2019, the U.S. Securities and Exchange Commission rejected a proposed New York Stock Exchange ("NYSE") rule change that would allow companies to raise capital in a direct ...

We hope that the SEC engages actively with the securities exchanges to facilitate the listing of securities of issuers concurrently with the pricing of their Regulation A+ (a/k/a 3(b)(2)) offerings.

With his selection of deal-making attorney Walter "Jay" Clayton to head the U.S. Securities and Exchange Commission, President-elect Donald Trump is signaling that the agency will try to reduce regulations...

Companies considering an initial public offering face complex regulatory requirements and market considerations across different global exchanges. This comprehensive guide examines the key requirements and strategic factors for listing securities on premier stock exchanges from New York to Hong Kong, providing essential insights for navigating the IPO process.

A new report released last week by PwC US analyzed the use of non-GAAP measures (NGMs) in IPOs and found that nearly 60% of the IPOs surveyed included at least one NGM.