X
04Sep

Newly Approved Direct Listing Capital Raising Alternative On Hold Pending SEC Review

For a fleeting moment, companies had the ability to raise capital on the New York Stock Exchange (“NYSE”) in connection with a direct listing (“primary direct listing”). On August 26, 2020, the Securities and Exchange Commission (“SEC”) approved a rule proposed by the NYSE that would permit companies to sell newly issued shares in connection with a direct listing. The rule was immediately effective upon SEC approval......
By: Vinson & Elkins LLP
Source Url: https://www.jdsupra.com/legalnews/newly-approved-direct-listing-capital-87778/

Related

A summer of planning reforms - the best of the rest

Whilst the three previous articles in our series on planning reform have considered the main changes...

Read More >

DOL Opines That Parent’s Attendance At IEP Conference Warrants FMLA Leave

In an August 8, 2019 opinion letter, the U.S. Department of Labor’s Wage and Hour Division (WHD) sh...

Read More >

Colorado Labor Agency Proposes Revisions To Wage Rules That Include Bar On Vacation Pay Forfeiture

The Colorado Department of Labor and Employment (CDLE) has proposed amendments to its Wage Protectio...

Read More >

Japan’s Workstyle Reform Act – What Is the Compliance Deadline for Your Organization?

To tackle the karoshi (“death by overwork”) problem, Japan enacted the Workstyle Reform Act in Jun...

Read More >

Love at Work: 5 Things for Employers to Know

Workplace romances are inevitable. According to a recent survey by the Society for Human Resource Ma...

Read More >

Let The Sunshine In: California & New York Prohibit Discrimination Based On Hairstyle

Within the past two weeks, both California and New York have passed laws prohibiting employers from ...

Read More >