United States:
Direct Listings: Experiment Or New Paradigm? (Video)
To print this article, all you need is to be registered or login on Mondaq.com.
self
Due to market structure and regulatory changes, traditional
capital-raising path for entrepreneurial companies has evolved. For
companies in certain sectors, the firm commitment IPO may no longer
be the goal. Successful direct listings have led many to consider
this approach as an alternative. But is it an alternative
appropriate for a broad array of companies, or best-suited to tech
unicorns?
During this session, Co-founder and CEO of Amplitude Analytics,
Spenser Skates, will share his company’s direct listing
experience, and we will also discuss:
- The basics of a direct listing,
- Legal requirements, timing, and costs compared to an IPO,
- The marketing process, market-making, and liquidity,
- The stock exchange rules, and
- Capital-raising in connection with a direct listing.
Visit us at
mayerbrown.com
Mayer Brown is a global legal services provider
comprising legal practices that are separate entities (the
“Mayer Brown Practices”). The Mayer Brown Practices are:
Mayer Brown LLP and Mayer Brown Europe – Brussels LLP, both
limited liability partnerships established in Illinois USA; Mayer
Brown International LLP, a limited liability partnership
incorporated in England and Wales (authorized and regulated by the
Solicitors Regulation Authority and registered in England and Wales
number OC 303359); Mayer Brown, a SELAS established in France;
Mayer Brown JSM, a Hong Kong partnership and its associated
entities in Asia; and Tauil & Chequer Advogados, a Brazilian
law partnership with which Mayer Brown is associated. “Mayer
Brown” and the Mayer Brown logo are the trademarks of the
Mayer Brown Practices in their respective
jurisdictions.
© Copyright 2020. The Mayer Brown Practices. All rights
reserved.
This
Mayer Brown article provides information and comments on legal
issues and developments of interest. The foregoing is not a
comprehensive treatment of the subject matter covered and is not
intended to provide legal advice. Readers should seek specific
legal advice before taking any action with respect to the matters
discussed herein.
POPULAR ARTICLES ON: Finance and Banking from United States
