News & Insights
What is a convertible promissory note? A convertible promissory note is a debt instrument that converts into equity of the issuing…
Earnouts, which provide sellers payouts if certain post-closing milestones are reached, have become increasingly popular in recent M&A transactions given today’s…
On February 15, 2023, the Securities and Exchange Commission (“SEC”) adopted several amendments regarding Rule 15c6-1, which governs the settlement cycle…
Effective January 1, 2024, most new and existing corporate entities in the United States will be required to file reports on…
“Down rounds” and why they are contentious Early-stage companies often raise capital in multiple rounds. While founders and investors hope that…
On December 14, 2022, the Securities and Exchange Commission (“SEC”) adopted several amendments regarding Rule 10b5-1 insider trading plans and other…