In order to try to boost the number of companies going
public, the recently enacted JOBS act provides for certain procedural and
reporting advantages for "Emerging Growth Companies," which are defined in the
Act as companies within five years of their IPO and with revenues less than $1
by Karl J. Ege, Martin E. Lybecker, Danielle Benderly, and James T. Carroll
The JOBS Act's stated purpose
is to spur job creation and economic growth by improving access to capital for
emerging growth companies. To do so, the JOBS Act will make some of the most
significant changes to the U...
by Phillip J. Kardis II, Robert K. Smith, and Barry Spatzer
Just as HOV lanes were created
to ease the commuting burden for those who meet certain requirements, the
recently enacted Jumpstart Our Business Startups ("JOBS") Act created
the "IPO On-Ramp" to ease the...
J. Kardis II , Robert K. Smith, and Barry Spatzer
On April 5, 2012, the President
signed into law the Jumpstart Our Business Startups (JOBS) Act (H.R. 3606),
which incorporates several initiatives aimed at easing the regulatory burdens
of traditional IPOs and private placements...
A year ago, President Obama signed the Jumpstart Our
Business Startups (JOBS) Act, a legislative product of rare bipartisan
collaboration that was intended to improve employment and make it easier for
smaller firms to raise private equity. (For an overview of the Act's
provisions, refer here...
The legal world is patiently waiting for the
Securities and Exchange Commission (the "SEC") to enact rules implementing
Title II of the JOBS Act. One of the recent developments in this field is
the issuance by the SEC Staff of frequently asked questions ( FAQs ) regarding the broker-dealer...
Laws don't often get their own parties. But for the
irresistibly named Jumpstart Our Business Startups (JOBS) Act, President Obama held a rare public ceremony in the
White House's Rose Garden in its honor. Even more notably, this party was quite
bipartisan-Republican House Majority Leader...
This post is the fourth in a series examining
the impact of the Jumpstart Our Business Startups Act (or JOBS Act) one year
after its passage and focuses on the provisions related to online angel
In the last
post of this series , I discussed the progress of implementing the...
This post is the seventh and final in a
series examining the impact of the Jumpstart Our Business Startups Act (or JOBS
Act) one year after its passage and focuses on Titles V and VI of the law and
provides some final concluding thoughts.
Titles V and VI of the JOBS Act are closely related in
After a little political battle earlier in the month, the House of Representatives has now passed HR 37, which includes a voluntary exemption for “emerging growth companies” (mostly under $1 billion in revenues) to choose not to utilize Extensible Business Reporting Language (XBRL) for financial...