News & Insights

What is a convertible promissory note? A convertible promissory note is a debt instrument that converts into equity of the issuing company…

North Carolina’s Certificate of Need (“CON”) law regulates the development, offering, and acquisition of new institutional health care services, facilities and equipment…

Earnouts, which provide sellers payouts if certain post-closing milestones are reached, have become increasingly popular in recent M&A transactions given today’s uncertain…

On February 15, 2023, the Securities and Exchange Commission (“SEC”) adopted several amendments regarding Rule 15c6-1, which governs the settlement cycle for…

Effective January 1, 2024, most new and existing corporate entities in the United States will be required to file reports on their…

“Down rounds” and why they are contentious Early-stage companies often raise capital in multiple rounds.  While founders and investors hope that a…