All Issuers Eligible to Confidentially Submit Draft IPO Registration Statements

One of the more utilized provisions of the Jumpstart Our Business Startups Act (JOBS Act) has been the confidential submission of IPO registration statements by Emerging Growth Companies (EGCs) to the Securities and Exchange Commission. The nonpublic nature of the SEC review process has allowed EGCs to submit IPO registration statements and respond to SEC comments outside the public eye and without having to alert the market of their intention to go public. As of July 10, 2017, all issuers will now have the ability to submit draft registration statements to the SEC on a confidential basis. Read more in our recent eUpdate here: www.dorsey.com/newsresources/publications/client-alerts/2017/07/all-issuers-eligible-to-submit-draft-ipo.

Steven Khadavi

Steven Khadavi

Steven is a corporate partner and the managing partner of Dorsey's New York office. He helps both public and private companies and their boards of directors navigate complex securities laws. Steven also counsels investment banks that underwrite or facilitate a variety of financing transactions. In addition, he advises clients on mergers and acquisitions, corporate governance and Sarbanes-Oxley compliance.

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