The Harvard Law School Forum

OCTOBER 19, 2022

There are compelling rationales for adopting a dual-class structure, but even proponents of the structure generally acknowledge that these benefits are significantly mitigated once the dual-class shares are out of the hands of the founders and/or pre-IPO stockholders.

M&A 101

M&A IPO Shares Stock 101

The Harvard Law School Forum

OCTOBER 12, 2022

SPAC activity continued to slow in the first half of 2022, a sharp decline from the number of deals and IPOs in the same period in 2021. In addition, only 69 SPAC IPOs were priced in the first half of 2022, compared to 362 SPAC IPOs priced in the first half of 2021. [1]. Key Points.

IPO 85

IPO M&A Corporation Government 85

Cooley M&A

APRIL 1, 2022

The proposal arrives in the context of calls from various corners, including from SEC Chair Gary Gensler and former Acting Corp Fin Director John Coates, to treat SPACs as an alternative method of conducting an IPO under the SEC’s policy framework. (See See this PubCo post , this PubCo post and this PubCo post.) See this PubCo post.)

IPO 72

IPO Investors Advisory Investment 72

Cooley M&A

FEBRUARY 19, 2021

There were more SPAC IPOs in 2020 than traditional IPOs. The market for SPAC IPOs and so-called “de-SPAC” transactions, by which private companies become public companies by combining with a SPAC, is as hot as ever.

IPO 52

IPO Investors Acquisitions 52

The TRADE

DECEMBER 15, 2023

Chan joined HKEX as head of listing in January 2020 and currently serves as co-chief operating officer of HKEX. Prior to that, she served as the head of IPO transactions, listing division, HKEX from 2007 to 2010.

IPO 116

IPO Portfolio Trading Business 116

The Deal

SEPTEMBER 21, 2023

When Covid shut down the IPO market in 2020, SPACs were the only game in town, and the market went from sleepy to red hot to burnt out. While many market observers have written their obituaries for SPACs, Ellenoff said that there will always be a need for IPO alternatives and that SPACs and those who invest in them are here to stay.

IPO 59

IPO Retail Investors Acquisitions 59

Growth Business

JUNE 8, 2023

In the UK, a downward trend for tech IPOs continued, with volumes falling to their lowest level last year in a decade. Global tech exits — through both IPOs and M&A — remain stagnant, with $21bn in value so far this year, compared to a peak of $177bn in 2020 and $166bn in 2021.

Investment 78

Investment IPO Business Funds 78

Mergers and Inquisitions

OCTOBER 4, 2023

I’ll cover all those points here, but I want to start with some context first: A Long Time Ago in a Stock Market Far, Far Away To understand the premise of Dumb Money , you need to return to late 2020 and early 2021, which now seem like a lifetime ago: There was a global pandemic. I wrote many articles about it. Dumb Money has none of this.

Finance 105

Finance Finance Retail Entertainment 105

Cooley M&A

OCTOBER 29, 2020

is the increased frequency at which SPAC IPOs are occurring. As reflected in Chart 1 , 102 SPAC IPOs have been announced this year as of September 18, 2020—almost double the number of SPAC IPOs in all of last year (and more than double the number of SPAC IPOs in 2018). SPAC vs. IPO. Fewer Redemptions.

M&A 52

M&A IPO Valuation Mergers and Acquisitions 52

Wizenius

APRIL 4, 2023

The data supports this theory, as during the period from March 13, 2020 (when the US declared Covid-19 a national emergency) until August 21, 2020, Zoom had a negative beta of -0.39. since its IPO in April 2019 until the end of 2019. This was a dramatic change from its pre-pandemic days when it had a positive beta of 1.81

IPO 52

IPO Stock Securities IT 52

Growth Business

NOVEMBER 6, 2023

SC Ventures Founded: 2018 Sector focus: Fintech Ticket size: $1m – $10m Current investments: 22 Exits: N/A Bio: SC Ventures by Standard Chartered invests in disruptive fintech across Series B to pre-IPO stages which can be integrated into the company’s product and service offerings.

Corporation 105

Corporation Capital Investment Media 105

The Deal

MAY 16, 2023

billion IPO last year, which was led by JPMorgan Securities LLC; Goldman, Sachs & Co.; GE), rising to general counsel of GE Capital before joining Angelo Gordon in 2020, while TPG’s Berenson was senior counsel for litigation and legal policy at GE before moving to TPG in 2017. Eisenberg, Parness and Weil’s Michael B.

M&A 52

M&A IPO Investment Stock 52

Cooley M&A

MARCH 2, 2021

According to Nasdaq , in 2015, SPACs made up approximately 12% of the IPO market, but by 2020, that number had risen to approximately 53%. SPACs are predicted to be an even higher percentage of the 2021 market share, with SPACs representing 79% of the January IPOs.

Securities 40

Securities IPO Mergers and Acquisitions Shares 40

Cooley M&A

SEPTEMBER 16, 2022

There are compelling rationales for adopting a dual-class structure, but even proponents of the structure generally acknowledge that these benefits are significantly mitigated once the dual-class shares are out of the hands of the founders and/or pre-IPO stockholders. Potential carve outs for M&A voting agreements.

M&A 59

M&A IPO Shares Mergers and Acquisitions 59

OfficeHours

AUGUST 20, 2023

Once improved, the exit can then take place, usually in the form of another sale or an Initial Public Offering (IPO), both of which are usually under the advice of an investment bank. During the hold period, the private equity firm can improve operations, management structure, and financial strategies to optimize the business.

Private Equity 130

Private Equity Equities Investment Banking Finance 130

Cooley M&A

JANUARY 20, 2022

trillion during 2021 – an increase of 71% compared to 2020 – and accounted for 20% of the $5.9 For industry experts questioning whether the SPAC momentum that gained traction in 2020 could be sustained, 2021 provided a mixed response. Tech M&A surged to a staggering $1.1 trillion(!) in the year’s global M&A deal value.

M&A 40

M&A Insurance Mergers and Acquisitions IPO 40

Cooley M&A

JANUARY 10, 2022

As SPAC IPOs broke records – in both value and volume – in 2020 (and again in 2021), it was inevitable that stockholder litigation would follow. More than 50% of the SPACs that went public in 2020 and 2021 are incorporated in Delaware, giving particular significance to SPAC litigation filed in Delaware courts.

Shares 40

Shares IPO Mergers IT 40

Growth Business

NOVEMBER 2, 2023

It is interested in companies at pre-Series A through to pre-IPO stage. ITV AdVentures Founded: 2020 Sector focus: Digital, consumer Ticket size: Up to £5m in advertising Current investments: 9 Exits: N/A Bio: ITV AdVentures offers TV advertising to high-growth digital-first companies at all stages of development.

Corporation 52

Corporation Capital Investment Media 52

The TRADE

NOVEMBER 17, 2023

Since their split at the start of 2020, Europe and the UK have been focused on emerging as the victor of Brexit with home of the European financial hub to be in either the City of London or Paris. Unlike the US and Asia, Europe has produced stagnant volumes year on year, driven by several macroeconomic factors and a suffering IPO market.

Trading 69

Trading Financial Services Accountant IT 69

Cooley M&A

JANUARY 25, 2023

Although 2022 saw a general decline in M&A activity in the life sciences industry compared to 2021’s frenetic pace (when deal volume was up 52% from 2020 ), life sciences deal flow in 2022 on balance remained strong despite the headwinds. Let’s dig in.

M&A 40

M&A Mergers and Acquisitions Pharmaceutical Collaboration 40

Wall Street Mojo

JANUARY 17, 2024

Thus, we can say that by the end of the accounting year 2020-2021, ABC Inc. In 2015, Box came up with its IPO. Before its IPO, Private Equity Investors financed Box Inc. Example #1 ABC Inc. is left with $1,774,000 as cash and cash equivalents. Now, moving on to a real-world example, let us discuss the cash flows of Box Inc.

Accountant 98

Accountant Finance Finance Profitability 98

Growth Business

JULY 11, 2023

3) Aquis Stock Exchange Aquis Stock Exchange , run by NEX, allows businesses to raise capital through Initial Public Offerings (IPOs). >See >See also: Here’s how you undertake an IPO in the UK in the best way It’s a stock market which provides primary and secondary markets for equity and debt products.

Finance 60

Finance Finance Business Investors 60

Growth Business

JUNE 1, 2023

It’s a tech business that we finally launched in the middle of the Covid pandemic in September 2020. When I left parliament, I decided to focus on investing in and mentoring pre-revenue businesses primarily run by young entrepreneurs. The business has grown spectacularly since then and is an 80-fold (to date) return on my initial investment.

Investors 52

Investors Investment Business Capital 52

Growth Business

SEPTEMBER 13, 2023

Indeed, tech start-ups in London alone raised a record $26bn (£19bn) in funding in 2021, more than double the total in 2020. of investments each year: Typically 8-10 companies per year (based on 2019 and year to date 2020) Previous companies invested in: 165, including ContactEngine, Improbable and Sprout.ai. Contact: enquiries@sep.co.uk

Capital 52

Capital Business Funds Investment 52

Cooley M&A

JANUARY 20, 2022

Although the COVID-19 pandemic that defined 2020 continued to shape much of the life sciences industry in 2021, the way that it did was markedly different. A healthy 90 biopharma M&A transactions were announced in 2021 (compared to 69 in 2020 and 70 in 2019, the most transactions since 2016). As we noted in our 2020 year?end

M&A 40

M&A Mergers and Acquisitions Pharmaceutical Mergers 40

Mergers and Inquisitions

SEPTEMBER 11, 2024

For growth-stage companies, you will see plenty of equity offerings: IPOs , SPACs , PIPEs, and follow-on issuances. A good example is the 2020 – 2021 period, when SPAC activity went vertical, and plenty of renewable energy companies used SPACs to go public.

Investment Banking 59

Investment Banking Banking Bank Investment 59

Mergers and Inquisitions

APRIL 10, 2024

However, if it can keep the team’s revenue growing at 15 – 25% per year and exit at a 4x revenue multiple, it could still earn a ~15% IRR over 5 years: It’s unclear how well this will work because Arctos was only founded in 2020.

Private Equity 103

Private Equity Equities Funds Entertainment 103

Cooley M&A

FEBRUARY 1, 2024

Private equity slowed but not stopped by financing environment Despite record amounts of dry powder accumulating for sponsors, high financing costs, persistent valuation gaps and a closed tech IPO market led to a significant decrease in private equity M&A activity in 2023. Despite some isolated bright spots – such as Thoma Bravo’s $10.7

M&A 59

M&A Mergers and Acquisitions Private Equity Equities 59

Focus Investment Banking

NOVEMBER 18, 2024

Beginning in 2020, there was a wave of announcements for private equity firms entering the car wash industry. Public Markets: It is possible that a few of the car wash platforms with strong growth and financial performance pursue an initial public offering (IPO).

Private Equity 52

Private Equity Equities IPO Valuation 52

Mergers and Inquisitions

NOVEMBER 20, 2024

Growth Equity Interview Questions: Markets & Investments These questions could span a huge range because they could ask you about anything from the current fundraising environment to the IPO and M&A markets to specific markets their portfolio companies operate in. Q: Pitch me a growth company that we should invest in.

Private Equity 59

Private Equity Equities Capital Valuation 59