In The News

Pre-IPO Talks With Potential Investors Allowed in House Bill

Bloomberg Law

13 Aug 2018

The state of the market plays a significant role in whether companies contemplating an IPO will decide to move forward, according to Morrison & Foerster partner David M. Lynn in the Bloomberg Law article “Pre-IPO Talks With Potential Investors Allowed in House Bill.”

“Whether you’re in a strong IPO market, or in a market where there’s less interest in investing in IPOs, that will be the driver of when the [offering] window is open or shut,” he said.

Mr. Lynn also believes larger companies may find testing the waters to be more useful than smaller ones: “They may have less of a need to validate themselves” because in many cases, investors already know about them. “The last thing [investors] would want is to be left out of an offering by these companies.”

Close
Feedback

Disclaimer

Unsolicited e-mails and information sent to Morrison & Foerster will not be considered confidential, may be disclosed to others pursuant to our Privacy Policy, may not receive a response, and do not create an attorney-client relationship with Morrison & Foerster. If you are not already a client of Morrison & Foerster, do not include any confidential information in this message. Also, please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so.