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.”



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