Category: Resource
What a Government Shutdown Means for Your IPO
By Liz Dunshee My colleague Broc Romanek – who, as a former staffer, is familiar with the Securities and Exchange Commission’s inner workings – blogged late last week on The Governance Beat about how the government shutdown could affect the SEC and public companies. Since a shutdown can delay capital-raising […]
Governance on the IPO Path: Nine Tips for Late-Stage Private Companies
By Liz Dunshee In today’s market, an initial public offering (IPO) can be an attractive liquidity option – but you have to be ready to price when the moment is right. While the business and management story, financial reporting and disclosure controls are all very important parts of the IPO […]
Crypto’s Next Stage: Practical Paths to Accessing Public Markets
By Liz Dunshee Cryptocurrency companies are facing opportunities in the US public markets like never before. In the midst of the current market demand, the president’s Working Group on Digital Asset Markets has directed a multiagency approach to creating a workable regulatory framework for the industry. As part of that, […]
The Incorporation Debate: What You Need to Know Now
By Liz Dunshee For decades, Delaware has been the default choice for incorporation – either at formation or in anticipation of an initial public offering (IPO). As we noted in this June 2025 CapitalXchange article, recent developments have made the decision more complex. Today’s blog recaps why the incorporation decision […]
New Voice on CapitalXchange: Hi, I’m Liz Dunshee
By Liz Dunshee Hi there. It’s official! A new voice is in the mix on CapitalXchange. I’m a newbie to Team Cooley, but not a newbie to the capital markets and corporate governance scene. Some of you might know me from TheCorporateCounsel.net, where I’ve been blogging and wearing various other […]
Flexible Financing in Focus: Why Convertibles Are Taking Center Stage in 2025
Market momentum As we close out the first half of 2025, we are seeing renewed and encouraging energy in the capital markets. While the eight technology initial public offerings (IPOs) that have occurred so far this year are a far cry from the numbers we saw several years ago, there […]
Reincorporation Considerations for Late-Stage Private and Pre-IPO Companies
Introduction Companies thinking about, preparing for or going through the initial public offering (IPO) process have many things to do and many decisions to make (to put it mildly!). A relatively recent addition to this list of considerations for Delaware-incorporated companies is whether to reincorporate in a different state, with […]
Navigating Pre-IPO Purgatory: Insights and Strategies
In periods of market volatility and shifting investor sentiment, the path to an initial public offering (IPO) often becomes less predictable – and at times, significantly longer. As a result, executive teams must rethink how they retain talent, manage evolving equity structures and prepare for public life without a clear […]
Final Changes: The Upsizing or Downsizing Handbook
Pricing day is a huge milestone in the initial public offering (IPO) journey. It is the culmination of months of preparation and drafting and being out on the road talking to investors. Before you hit the road, you’ll have filed a registration statement that includes a prospectus with a preliminary […]
Considerations for Implementing a Multi-Class Share Structure
Dual-class share structures involve two or more classes of authorized common stock, with one class having the traditional one vote (or, in the rare case of Snap, no votes) per share, and the other class having multiple votes per share. High-vote shares are usually allocated to certain pre-IPO stockholders – […]