In 2013, Delaware passed legislation adopting a new corporate form, the public benefit corporation (PBC), with a view to allowing directors of for-profit corporations to take actions not just in pursuit of stockholder...more
9/4/2020
/ B Corporation ,
Capital Markets ,
Disclosure ,
Environmental Social & Governance (ESG) ,
Fiduciary Duty ,
For-Profit Corporations ,
Initial Public Offering (IPO) ,
Investing Companies ,
Performance and Accountability Report ,
Popular ,
Public Benefits ,
Publicly-Traded Companies ,
Reporting Requirements ,
Stockholder Agreements
The SEC has recently approved an amendment to Nasdaq Rule 5635(d), which became effective on September 26, 2018, that modifies the circumstances in which listed companies must receive shareholder approval before they can...more
The Howey test lives on—now in a lesson in what not to do when it comes to token offerings.
Token offerings, also known as “initial token offerings,” “token launches,” “token sales,” “initial coin offerings,” or “ICOs,”...more
7/27/2017
/ Capital Markets ,
Capital Raising ,
Emerging Growth Companies ,
Financial Institutions ,
Howey ,
Initial Coin Offering (ICOs) ,
Investment Contract ,
Private Equity Funds ,
Securities and Exchange Commission (SEC) ,
Token Sales ,
Venture Capital