Initial public offering

SEC Adopts Rules to Enhance Investor Protections Relating to SPACs, Shell Companies, and Projections

Retrieved on: 
Wednesday, January 24, 2024

The rules also address investor protection concerns more broadly with respect to shell companies and blank check companies, including SPACs.

Key Points: 
  • The rules also address investor protection concerns more broadly with respect to shell companies and blank check companies, including SPACs.
  • “Just because a company uses an alternative method to go public does not mean that its investors are any less deserving of time-tested investor protections,” said SEC Chair Gary Gensler.
  • In connection with de-SPAC transactions, the rules include disclosure requirements related to projections, including disclosure of all material bases of the projections and all material assumptions underlying the projections.
  • The rules also update and expand guidance on the use of projections in all SEC filings.

McWhorter Foundation Confirms Powerhouse Legal Teams: Frankfurt Kurnit Klein & Selz and Becker & Poliakoff

Retrieved on: 
Saturday, January 27, 2024

McWhorter has announced the securing of powerhouse legal representation and upcoming ventures in the sports sector.

Key Points: 
  • McWhorter has announced the securing of powerhouse legal representation and upcoming ventures in the sports sector.
  • McWhorter has partnered with two prominent legal firms, Frankfurt Kurnit Klein & Selz, PC, for entertainment representation, and Becker & Poliakoff, P.A., for securities and compliance.
  • will offer their specialized services in securities and compliance, ensuring diligent oversight as McWhorter's companies navigate complex regulatory landscapes.
  • McWhorter Foundation has not registered with the U.S. Securities and Exchange Commission (SEC) and may operate under exemptions.

IBN Welcomes Seamus Byrne as Its Canadian Director of Business Development and Partnerships

Retrieved on: 
Thursday, January 25, 2024

NEW YORK, Jan. 25, 2024 (GLOBE NEWSWIRE) -- via InvestorWire – IBN , a multifaceted financial news and publishing company for private and public entities, is pleased to announce that Seamus Byrne, a highly accomplished business strategy professional based in New Brunswick, Canada, has joined IBN as its Canadian Director of Business Development and Partnerships.

Key Points: 
  • NEW YORK, Jan. 25, 2024 (GLOBE NEWSWIRE) -- via InvestorWire – IBN , a multifaceted financial news and publishing company for private and public entities, is pleased to announce that Seamus Byrne, a highly accomplished business strategy professional based in New Brunswick, Canada, has joined IBN as its Canadian Director of Business Development and Partnerships.
  • "I look forward to working closely with Matt Ernst, Director of Corporate Sales, and the entire IBN team, especially since IBN was the driving force behind the marketing successes of several companies that I helped take public,” said Byrne.
  • Byrne earned a bachelor’s degree in economics and international development studies from Dalhousie University.
  • “Seamus will be an integral part of our business development strategy in Canada as our Canadian Director of Business Development and Partnerships.

Sativus Tech Appoints Financial Leader as New CFO to Drive Growth and Innovation

Retrieved on: 
Wednesday, January 24, 2024

Ben-Or will be responsible for Sativus Tech’s financial strategies as the company prepares to enter the B2B market.

Key Points: 
  • Ben-Or will be responsible for Sativus Tech’s financial strategies as the company prepares to enter the B2B market.
  • Saffron Tech, Sativus Tech subsidiary, utilizes its advanced R&D cultivation technology within a Controlled Environment Agriculture (CEA) system, ensuring consistent, year-round high-quality saffron production.
  • “Uri is an accomplished CFO and business executive who has successfully led several publicly traded companies towards profitable growth,” said Tal Wilk Glazer, CEO of Sativus Tech.
  • “I look forward to working together with my board colleagues and the entire Saffron Tech team as we confront a competitive marketplace.”

Edelman Smithfield Announces Key Appointments; Expands Strategic Situations & Investor Relations Practice

Retrieved on: 
Monday, January 29, 2024

Edelman Smithfield, a global financial communications firm that specializes in financial markets and strategic situations, today announced three senior appointments that will support the firm’s continued expansion across M&A, shareholder activism, IPOs, and investor relations.

Key Points: 
  • Edelman Smithfield, a global financial communications firm that specializes in financial markets and strategic situations, today announced three senior appointments that will support the firm’s continued expansion across M&A, shareholder activism, IPOs, and investor relations.
  • Amy Feng has been appointed Executive Vice President and will be a senior leader in the firm’s New York office.
  • Feng most recently led investor relations at Shopify.
  • “Amy, Ira, and Marco are thoughtful senior counselors who bring deep experience as we help our clients navigate the increasingly complex capital markets,” said Ted McHugh, Managing Director, Head of Strategic Situations and Investor Relations.

Michael Lezynski Joins Alliant Insurance Services Amid Continued Northeast Growth

Retrieved on: 
Monday, January 29, 2024

Michael Lezynski has joined Alliant Insurance Services as Executive Vice President within the company’s Alliant Americas division.

Key Points: 
  • Michael Lezynski has joined Alliant Insurance Services as Executive Vice President within the company’s Alliant Americas division.
  • Based in Red Bank, New Jersey, Lezynski will be responsible for Alliant’s ongoing growth and expansion within the New Jersey and Southeastern Pennsylvania markets.
  • Lezynski joins Alliant with more than 30 years of industry experience that encompasses business development, strategic planning and executive leadership.
  • “Michael’s diverse industry background and strong leadership experience serve as a tremendous asset to Alliant’s ongoing growth and expansion in the Northeast region,” said Bob Bennetsen, Executive Vice President and Senior Managing Director with Alliant.

Global Breast Implants Market Industry Trends and Global Forecasts 2023-2035 - Distribution by Gender, End User, Distribution Channel and Key Geographical Regions - ResearchAndMarkets.com

Retrieved on: 
Monday, January 29, 2024

Amongst other elements, the market report includes:

Key Points: 
  • Amongst other elements, the market report includes:
    A preface providing an introduction to the full report, Breast Implants Market, 2018-2022 (Historical Trends) and 2023-2035 (Forecasted Estimates).
  • A detailed estimate of the current market size, opportunity and the future growth potential of the breast implants market over the next decade.
  • A detailed projections of the current and future breast implant market across different distribution channel, including direct distribution and indirect distribution.
  • A detailed estimate of the future growth potential of the breast implants product market over the next decade.

SoFi Breaks Down Barriers to Investing By Offering Alternative Investments

Retrieved on: 
Monday, January 29, 2024

With the launch of alternative investments , SoFi is granting everyday investors access to the power to build and protect their wealth through investment opportunities traditionally reserved for the ultra wealthy.

Key Points: 
  • With the launch of alternative investments , SoFi is granting everyday investors access to the power to build and protect their wealth through investment opportunities traditionally reserved for the ultra wealthy.
  • These funds feature a unique lineup of assets, including private credit, real estate and pre-IPO companies offering a diverse mix of investing opportunities.
  • SoFi will roll out access to alternative investments, mutual funds and money market funds to all SoFi Invest members over the coming days.
  • Alongside access to alternative investments, SoFi is also launching an educational hub to help investors better understand these investment vehicles.

Leaf Home Names Chief Financial Officer; Former Rent the Runway CFO Scarlett O'Sullivan Joins Home Improvement Company

Retrieved on: 
Monday, January 29, 2024

HUDSON, Ohio, Jan. 29, 2024 /PRNewswire/ -- Leaf Home™ , a leading technology-enabled direct-to-consumer provider of home improvement products and solutions, has named Scarlett O'Sullivan as the company's Chief Financial Officer (CFO).

Key Points: 
  • HUDSON, Ohio, Jan. 29, 2024 /PRNewswire/ -- Leaf Home™ , a leading technology-enabled direct-to-consumer provider of home improvement products and solutions, has named Scarlett O'Sullivan as the company's Chief Financial Officer (CFO).
  • Prior to joining Leaf Home, O'Sullivan spent nearly eight years as CFO at Rent the Runway, where she played a pivotal role in launching and scaling the company's subscription business, driving financial transformation, and taking the company public in 2021.
  • "I was drawn to Leaf Home's mission and disruptive model which is redefining the home improvement landscape.
  • "Scarlett's expertise in driving financial performance, navigating capital markets, and crafting strategic plans will be instrumental in propelling Leaf Home to even greater heights.

Depressed Dealmaking Continues for Second Straight Year in 2023 as Fourth Quarter M&A and Equity Issuance Stays Muted

Retrieved on: 
Monday, January 29, 2024

Although the equity markets rebounded in 2023, equity issuance did not.

Key Points: 
  • Although the equity markets rebounded in 2023, equity issuance did not.
  • The fourth quarter offered some positive signs for M&A transactions with the announcement of the year's two largest deals.
  • The value of global M&A announcements fell 51.4% in 2023 versus 2021, and the number of announcements dropped 32.7% in 2023 versus 2021.
  • S&P Global Market Intelligence has produced the quarterly, global M&A and equity offering report since the first quarter of 2018.