Smaller Public Offerings:
Stepping Stone to IPO, or IPO Alternative?

22 May 2012 11:30 a.m. - 01:30 p.m.

Morrison & Foerster LLP
755 Page Mill Road
Palo Alto, CA 94304

The Jumpstart Our Business Startups (JOBS) Act was passed by The U.S. Congress and signed into law by President Obama. The JOBS Act represents the most significant change to our capital formation regulatory framework since Securities Offering Reform in 2005. The JOBS Act permits non-reporting companies to conduct "mini" public offerings, or Regulation A/3(b)(2) exempt offerings. The panelists will discuss this capital raising alternative.

Topics will include:

  • Regulation A basics;
  • Testing-the-waters;
  • The offering process;
  • Combining Regulation A offerings with other exempt offering alternatives;
  • Regulation A as a precursor to an IPO;
  • Regulation A as an alternative to an IPO;
  • Research coverage;
  • Attracting institutional investors; and
  • Secondary trading.


  • William Hambrecht
    Founder, Chairman and CEO, WR Hambrecht + Co
  • Chip Lion
    Partner, Morrison & Foerster LLP
  • James Tanenbaum
    Partner, Morrison & Foerster LLP

Morrison & Foerster LLP (Provider #2183) certifies that this activity has been approved for MCLE credit by the State of California in the amount of 1 hour.




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