The accredited investor definition is the well-known standard to permit persons of reasonable liquidity to invest in unregistered offerings of companies seeking capital; it facilitates the so-called Regulation D offerings which raise about as much investment capital as to all … Continue reading
Category Archives: The Law
When you open this post on Monday the 16th of May, you are doing so on the first day of truly general crowdfunding ability under Federal Law. Until now, crowdfunding either did not allow the issuance of securities, or was … Continue reading
It is company management which typically proposes, and almost always executes, an M&A transaction. What is the board of directors doing while all this is going on? A panel at the May 10th Breakfast Meeting of the National Association … Continue reading
Tell me about your company’s board of directors. Is it, in the words of one panelist, “male, pale and stale”? An expert panel at the Tuesday breakfast meeting of the National Association of Corporate Directors/New England explored techniques for making … Continue reading
Emerging life science companies always need money. Some seek non-dilutive money through research grants, government programs and the like. Others deal with angels and seed round and Round A investors. Another source of possible funding, often over-looked, can be afforded … Continue reading
The science of in vitro fertilization (IVF) has not advanced much in the last 20 years, but a small public company is trying to change all that. A presentation by the CFO of OvaScience, to a Thursday morning meeting of … Continue reading
Election years cause many CEOs to constrict their corporate plans. It happens every Presidential election year. It is most manifest among Republican CEOs. It is not necessarily the most benign development for the health of the business. This insight comes … Continue reading
No big surprises about what gets non-profits into trouble with the Massachusetts Attorney General: it is not a good idea to steal, or for the board to govern so laxly that others can steal. At Tuesday’s Boston breakfast panel presented by … Continue reading
About a half hour ago the SEC announced it has sued an agency of the State of Rhode Island and the firm of Wells Fargo, as well as several individuals, for fraud in the offering of $50M of bonds by … Continue reading
This morning, Mary Jo White (Chair of the SEC) addressed a meeting of the SEC Advisory Committee on Small and Emerging Companies and checklisted certain areas of SEC activity. In reference to the issue of whether “finders and other intermediaries” … Continue reading