Corporate Securities Legal’s Over a Decade of Pioneering IPO Preparations Highlights Shift Towards Reg A+ Offerings
June 24 2024 - 12:39PM
Corporate Securities Legal, a stalwart in guiding companies through
the intricacies of initial public offerings (IPOs) on the Nasdaq
stock exchange, commemorates more than a decade of transformative
legal services. Specializing in preparing businesses for the
rigorous journey to becoming publicly traded entities, the company
has played a pivotal role in numerous success stories across
various sectors, with particular expertise in healthcare, biotech,
and medical devices.
The company specializes in securities legal services, including
private placement, venture capital transactions, registered public
offerings, and securities regulation. They prepare the Private
Placement Memorandum (PPM) for investors and other legal documents
related to private placements. Corporate Securities Legal also
provides legal advice and services for venture capital
transactions, preparing initial public offering documents like Form
S-1 Registration Statements and assisting with compliance with
federal and state securities laws, including the Securities
Exchange Act of 1934.
Founded by Christopher Wilson and Gilbert ‘Gil’ Bradshaw, both
esteemed security lawyers with extensive backgrounds in small-cap
ventures, Corporate Securities Legal has evolved into a cornerstone
for companies aiming to enter the market. Their comprehensive
approach involves restructuring boards, enhancing corporate
governance, and ensuring robust accounting practices - all critical
steps to bolster investor confidence prior to filing IPOs.
Gil, the managing partner at Corporate Securities Legal,
understands that companies are a little hesitant, and notes,
“Investors need to trust the process.” The founder further advises
companies who are considering an IPO on the importance of aligning
corporate structures with investor expectations early on. “Our role
is to ensure that companies are not only ready for public scrutiny
but also attractive to potential investors,” he affirms.
The company additionally tightens its client’s corporate
governance and accounting controls, and then, starts with the
momentum. Once Corporate Securities Legal gets the right people on
board, both the company and investors feel confident and progress
as a whole. On average, it takes about three to six months,
according to the founders.
While traditional IPOs have long been the standard route to
public markets, Corporate Securities Legal notes a significant
shift towards Regulation A+ (Reg A+), often referred to as Mini
IPO. This alternative method allows companies to raise capital with
reduced compliance burdens compared to full IPOs. “Reg A+ offers
advantages such as fewer reporting requirements and greater control
overvaluation,” Christopher explains. “It’s particularly beneficial
for companies seeking initial capital without immediately engaging
in secondary market trading.”
Historically, Nasdaq had been cautious about accepting companies
that opted for Reg A+. However, Gil points out that the tide is
turning. “Nasdaq’s perception of this offering has improved,” he
notes. “Moreover, the Chicago Board Options Exchange (CBOE) has
emerged as another favorable platform for Reg A+ listings,
providing companies with additional viable options.”
Gil emphasized that companies should consider these alternatives
seriously. “Reg A+ offers flexibility and cost-effectiveness,
making it an attractive option for many businesses,” he said. “It’s
essential not to overlook these opportunities in pursuit of a
Nasdaq listing.”
Looking ahead, Corporate Securities Legal remains committed to
its client-centered approach. The founders affirm, “We are poised
for growth while maintaining our boutique firm’s ethos. Our
flexible fee structures and dedication to client success truly
distinguish us in the market.”
Media Contact
Name: Hayley Clausen
Email: hayley@securitieslegal.com
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