The SEC just voted unanimously to adopt three of the initial six proposals to improve the regulatory environment for smaller public companies. SEC Chairman Christopher Cox said, "[These] rule amendments will enable smaller companies to raise capital more effectively and ease some of the burdens of our reporting and disclosure requirements, and they will ensure that investors in these companies are paying for important protections and not red tape." This webinar focuses on the impact these measures will have, and how they might improve capital-raising, reporting and disclosure requirements for public companies.

This session focuses on the new amendments to Rule 144 and the impact it will have on PIPE transactions, Reverse Mergers and APOs. It will also cover the ongoing utility of Form 10 shells, and how future deals will likely be structured.

• Reduced Holding Periods & the Impact on Deal Discounts
• Reduction on Resale Restriction Conditions
• No Tolling Provision for Hedging & What this Means for Short Sellers
• Codification of SEC No Action Letters

This session focuses on the new reforms related to the increasing number of companies eligible for scaled disclosure in SEC reports and registration statements, and how section 12(g) will provide relief for certain "back door" reporting companies.

• The New $75 Million Public Float Test for Scaled Disclosure Eligibility
• Elimination of Regulation SB and "SB" Forms
• Increased $50 Million Revenue Test
• Reporting Obligations & Employee Stock Option Plans

Ele Klein from Schulte Roth & Zabel will join our panel for an open discussion and offer his views on what these new rules mean for smaller public companies.