News & Analysis as of

Capital Raising

Levenfeld Pearlstein, LLC

Independent Sponsor Series: A Conversation with Alexander Foshager and John Mensing of Monroe Street Partners (Part One)

Below is his conversation with Alexander Foshager and John Mensing at Monroe Street Partners (MSP), a Chicago-based investment firm that partners with family and founder-owned, lower-middle market businesses across the...more

Snell & Wilmer

Choosing the Right U.S. Corporate Domicile in the Age of Dexit: Key Considerations

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Prior to the early 1900s, New Jersey was the preferred state of incorporation for U.S. businesses. Eager to cash in on America’s epic industrialization via franchise tax revenues, Delaware directly challenged New Jersey’s...more

Mayer Brown

Capital Markets Insight: The Brazilian Sustainable Debt Market – A Cross-Border Regulatory Perspective

Mayer Brown on

As emissões de dívidas sustentáveis por empresas brasileiras nos mercados doméstico e internacional têm aumentado substancialmente. No exterior, o volume combinado de títulos verdes, sociais e sustentáveis emitidos por...more

Kohrman Jackson & Krantz LLP

Federal Reserve Proposes Revision to Bank Supervisory Ratings

On July 10, 2025, the Federal Reserve unveiled a targeted proposal to recalibrate its supervisory rating framework for large bank holding companies, specifically revising the criteria for the coveted “well‑managed” status....more

Husch Blackwell LLP

OCM Guidance Regarding Ownership Transfers Provides Pathway for Funding Social Equity Licensees

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The Minnesota Office of Cannabis Management (“OCM”) conducted its license lottery for social equity applicants on June 5, 2025. Lottery winners received preliminary approval and must secure a business location and, in many...more

Pillsbury - Propel

Understanding Dilution: What Every Founder Should Know Before Raising Capital

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For startup founders, few concepts are as important—or as commonly misunderstood—as dilution. It often first arises during a financing round, when investors receive equity (i.e., shares) in exchange for capital. Dilution is...more

Stikeman Elliott LLP

OSC Amends Capital Raising Exemptions for Early-Stage Businesses

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The Ontario Securities Commission (“OSC”) recently announced certain amendments to the dealer registration exemptions for not-for-profit angel investor groups and eligible early-stage businesses that had been developed to...more

Hogan Lovells

At long last - New opportunities for foreign investment in Vietnam’s banking sector

Hogan Lovells on

Vietnam's banking sector, historically constrained by tight foreign ownership restrictions and capital adequacy demands, is set to benefit from Decree No. 69/2025/ND-CP, in effect since 19 May 2025. This Decree strategically...more

Stikeman Elliott LLP

Go-To: Dealer Business Trigger for Serial LP Issuers Clarified by Ontario’s Capital Markets Tribunal

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Under Canadian securities law, the requirement to register as a dealer is triggered by trading securities for a business purpose. One of the uncertainties under the “business trigger” test and associated guidance is whether...more

Wilson Sonsini Goodrich & Rosati

The Entrepreneurs Report: Private Company Financing Trends - Q1 2025

Wilson Sonsini is pleased to present the Q1 2025 edition of The Entrepreneurs Report. We’ve compiled a range of data on venture, convertible note, and SAFE financing transactions in which the firm was involved during the...more

McGuireWoods LLP

From Scrutiny to Success: Insights From McGuireWoods’ Emerging Manager Conference

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McGuireWoods welcomed more than 1,200 emerging managers and limited partners (LPs) to The Ritz‑Carlton Dallas for the annual Emerging Manager Conference — the cornerstone of the firm’s Emerging Manager Program and preeminent...more

Levenfeld Pearlstein, LLC

Independent Sponsor Series – Capital Provider Spotlight: A Conversation with Paul Moffatt of Encore One (Part Two)

To help businesses, investors, and deal professionals better understand the evolving independent sponsor landscape, Robert Connolly – a partner in LP’s Corporate Practice Group and leader of LP’s Independent Sponsor team –...more

Blake, Cassels & Graydon LLP

Les ACVM élargissent la dispense pour financement de l’émetteur coté

On May 14, 2025, the Canadian Securities Administrators (CSA) announced Coordinated Blanket Order 45-935 – Exemption from Certain Conditions of the Listed Issuer Financing Exemption (Blanket Order) aimed at enhancing...more

Cozen O'Connor

CSA Expands LIFE Exemption: Blanket Relief Order Increases Capital Raising Limits for Listed Issuers

Cozen O'Connor on

On May 14, 2025, the Canadian Securities Administrators (the CSA) issued Coordinated Blanket Order 45-935 (the Blanket Order), introducing targeted relief from certain limitations of the Listed Issuer Financing Exemption (the...more

Levenfeld Pearlstein, LLC

Independent Sponsor Series – Capital Provider Spotlight: A Conversation with Paul Moffatt of Encore One (Part One)

To help businesses, investors, and deal professionals better understand the evolving independent sponsor landscape, Robert Connolly – a partner in LP’s Corporate Practice Group and leader of LP’s Independent Sponsor team –...more

Seward & Kissel LLP

Shortening the Capital Raising Process

Seward & Kissel LLP on

We have recently witnessed a noticeable lengthening of the time needed to close on an institutional investor’s fund allocation. Anecdotally, the typical time frame to close on an institutional investor allocation appears to...more

Bradley Arant Boult Cummings LLP

SEC Issues Guidance on Accredited Investor Verification

The staff of the U.S. Securities and Exchange Commission (SEC) recently released a no action letter addressing when accredited investor status for purposes of Rule 506(c) of Regulation D can be established by a representation...more

Goodwin

Goodwin REIT Alert: Recent Developments in the Use of “At-the-Market” Offering Programs by REITs

Goodwin on

At-the-market (ATM) offering programs continue to provide public real estate investment trusts (REITs) and other issuers an efficient means of raising capital over time by allowing a listed company to tap into the existing...more

Davies Ward Phillips & Vineberg LLP

Canadian Securities Regulators Boost Capital-Raising Capacity Under LIFE Exemption

The Canadian securities regulators have implemented blanket orders increasing the capital-raising limit under the listed issuer financing exemption (the LIFE Exemption), which permits qualified issuers to offer equity...more

Williams Mullen

PODCAST: Williams Mullen's Raising Capital 101: A Securities Podcast - What are the Different Ways Securities Can Be Offered and...

Williams Mullen on

On this episode of Raising Capital 101, Tom Voekler is joined by colleague Rhys James for the second half of our two-part series, to continue discussing different ways securities can be bought and sold, focusing on using...more

Alston & Bird

SEC Chair Announces Intent to Increase Retail Access to Private Funds

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Our Investment Funds Team discusses Securities and Exchange Commission Chair Paul Atkins’s plans to improve retail investors’ access to private funds....more

Blake, Cassels & Graydon LLP

A New Lease on LIFE: CSA Expands Listed Issuer Financing Exemption

On May 14, 2025, the Canadian Securities Administrators (CSA) announced Coordinated Blanket Order 45-935 – Exemption from Certain Conditions of the Listed Issuer Financing Exemption (Blanket Order) aimed at enhancing...more

Stikeman Elliott LLP

CSA Bring the Markets Back to LIFE

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In connection with the Canadian Securities Administrators’ (“CSA”) recent measures to support the competitiveness of Canada’s capital markets, the CSA have announced an increase to the amount of funds that may be raised under...more

Cozen O'Connor

Canadian Securities Administrators Announces Changes to the Listed Issuer Financing Exemption

Cozen O'Connor on

Effective May 15, 2025, the Canadian Securities Administrators (CSA) is increasing the limit on capital-raising under the listed issuer financing exemption. This amendment aims to improve the competitiveness of Canada’s...more

Bennett Jones LLP

CSA Significantly Increases the Capital-Raising Limit Under the Listed Issuer Financing Exemption

Bennett Jones LLP on

On May 14, 2025, the Canadian Securities Administrators (CSA) announced Coordinated Blanket Order 45-935 Exemptions from Certain Conditions of the Listed Issuer Financing Exemption, a change that will significantly increase...more

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