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
Continue Reading Equity lines of credit and at-the-market offerings: Alternative public financing options
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
Continue Reading DLA Piper hosts bootcamp for biotech and medtech companies
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
Continue Reading Key capital market trends: Digital asset treasuries
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
Continue Reading SEC provides guidance regarding Division of Corporation Finance activities during the ongoing federal government shutdown
I. Introduction: Tariffs as a new macro shock
The US government’s “Liberation Day” tariffs, unveiled on April 2, 2025 to force a rebalancing of global trade in favor of the United States, have unleashed significant market volatility and global economic disruption.
The tariffs have triggered retaliatory measures from affected countries
Continue Reading Board duties in the face of business uncertainty: Navigating a changing tariff landscape
India’s capital markets have experienced a significant surge in initial public offering (IPO) activity in 2024, positioning the country as a global leader in public offerings. With 327 IPOs raising approximately USD19.9 billion – accounting for nearly 30 percent of global IPO listings – India has surpassed major markets such
Continue Reading Opportunities for IPOs in India’s capital markets
The Governor of Delaware has signed into law Senate Bill 21 (SB 21), which amends certain sections of the Delaware General Corporation Law (DGCL) governing controlling stockholder transactions under DGCL Section 144 and stockholder demands for books and records under DGCL Section 220.
Signed on March 25, 2025, these amendments
Continue Reading Amendments to Delaware General Corporation Law expand safe harbor for controlling stockholder transactions and circumscribe books and records demand obligations
The staff of the Division of Corporation Finance (Corp Fin) of the Securities and Exchange Commission (SEC) has issued new Compliance and Disclosure Interpretations (C&DIs) relating to the clawback disclosures required in an issuer’s annual report on Form 10-K and proxy statement. In addition to the April 11, 2025 issuance
Continue Reading Corp Fin releases new guidance on clawback disclosure requirements
On March 12, 2025, the Securities and Exchange Commission (SEC) published updates to its Compliance and Disclosure Interpretations (C&DIs) related to exempt offerings under the Securities Act of 1933 (Securities Act). These changes include new guidance related to determining accredited investor status, clarifications for existing guidance, and the removal of
Continue Reading SEC updates guidance regarding exempt offerings
Companies seeking to raise capital through a public offering are encouraged to note the US Securities and Exchange Commission (SEC)’s announcement on March 3, 2025 that the staff of the Division of Corporation Finance (SEC staff) has augmented the accommodations available for entities submitting draft registration statements for nonpublic review
Continue Reading SEC expands confidential review process to facilitate capital formation
