Law Blog Tag: SEC Proposes Expanding Testing The Waters For All Companies

SEC Proposes Expanding Testing The Waters For All Companies

As anticipated, on February 19, 2019 the SEC voted to propose an expansion of the ability to “test the waters” prior to the effectiveness of a registration statement in a public offering, to all companies. Currently only emerging growth companies (“EGCs”) (or companies engaging in a Regulation A offering) can test the waters in advance Read the full article…