For public companies looking to raise capital relatively quickly and at a lower cost, equity lines of credit (ELOCs) and at-the-market equity offerings (ATMs) may be viable options.  Both allow companies to control the timing and volume of sales of equity securities and offer processes that are generally less disruptive

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The October issue of Horizon covers late-breaking developments in sustainability law, among them CARB’s postponement of rulemaking – but not reporting deadlines – for SBs 253 and 261; the historic TotalEnergies greenwashing decision; proposed changes to the EUDR that would preserve current reporting dates; federal banking regulators’ withdrawal of climate

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On October 9, 2025, during a keynote address at the John L. Weinberg Center for Corporate Governance’s 25th Anniversary Gala, United States Securities and Exchange Commission (SEC) Chairman Paul Atkins suggested that the SEC may be amenable to arguments from Delaware-incorporated companies seeking to exclude precatory shareholder proposals from

Continue Reading SEC signals potentially significant changes to Rule 14a-8 shareholder proposal process

On October 20, 2025, DLA Piper held a bootcamp for pre-IPO and growth-stage companies in the biotech and medtech industries in the firm’s New York office. Attended by nearly 100 individuals, the bootcamp covered topics including late-stage financings, paths for going public, financial preparedness, regulatory considerations, compliance issues, intellectual property

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US public companies increasingly embrace digital assets as part of their corporate treasury strategies. Known as digital asset treasury (DAT) companies, these public companies, at the core of their revamped business model, pursue long-term accumulation of significant reserves of digital assets while employing sophisticated, yield-enhancing trading strategies.

DATs have raised

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At 12:01am ET on October 1, 2025, a federal government shutdown went into effect. The Securities and Exchange Commission (SEC) has posted an announcement and Q&A regarding the activities of the Division of Corporation Finance (the Division) during the ongoing shutdown.

According to the Q&A, the Division’s activities are limited

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In the September issue of Horizon, we report on late-breaking developments in ESG law – in particular, the California Air Resource Board’s release of its SB 261 Preliminary List of Reporting/Covered Entities; another potential delay for the EUDR; the Ontario Securities Commission’s greenwashing allegations against an asset management company

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On September 12, 2025, the Eighth Circuit Court of Appeals ordered that the proceedings in Iowa v. SEC – the case challenging the Securities and Exchange Commission’s (SEC) landmark climate disclosure rules – remain paused until the SEC either reconsiders the rules through the notice-and-comment rulemaking process or decides to

Continue Reading Eighth Circuit pauses SEC climate rules litigation pending SEC action

The Securities and Exchange Commission (SEC) has launched a Cross-Border Task Force to investigate fraud involving foreign-based companies, with a focus on market manipulation schemes like “ramp-and-dumps” and misconduct by gatekeepers – including auditors and underwriters – whose role in enabling access to US capital markets has been a focus

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On September 4, 2025, the US Securities and Exchange Commission (SEC) announced the publication of its Spring 2025 Unified Agenda of Regulatory and Deregulatory Actions, which sets forth its rulemaking priorities for the next several months.

In a statement, SEC Chairman Paul Atkins noted that the agenda represents the

Continue Reading SEC rulemaking agenda focuses on crypto regulation, facilitating capital formation and easing public company reporting burdens

The August issue of Horizon is now available, covering an array of late-breaking developments in ESG law. Among the developments we cover in this issue: the coming reporting deadline under California’s SB 261; the €1 million greenwashing fine levied against Shein’s web provider; latest developments around the Endangerment Finding; the

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