Our lawyers provide innovative and practical counsel on a wide variety of capital raising and securities law compliance matters. We represent clients ranging from emerging private companies to established public companies. With each, we build long-term relationships, generating efficiencies and helping them realize their business goals.
JOBS Act Facilitates IPOs and Eases Restrictions on Private Capital Formation in the United States
April 19, 2012
On April 5, President Obama signed into law the Jumpstart Our Business Startups Act (the "JOBS Act"), implementing sweeping changes to the rules governing IPOs and private capital formation in the United States by domestic and foreign issuers. The JOBS Act substantially reduces the regulatory burdens on "emerging growth companies" (companies with less than $1 billion in annual revenues) during and following an IPO, and also substantially relaxes restrictions on communications with potential investors in the context of both public and private offerings.