Next SEC Small Business Capital Formation Advisory Committee Meeting on Changing Dynamics Before IPO and IPO – Corporate / Commercial Law


United States: Next SEC Small Business Capital Formation Advisory Committee Meeting on Changing Dynamics Before IPO and IPO

To print this article, simply register or connect to

The Securities and Exchange Commission recently announced the agenda for the next September 27, 2021 meeting of the SEC’s Small Business Capital Formation Advisory Committee. The committee will meet virtually and the meeting will be webcast on the SEC website. The committee will discuss pre-IPO investments and the role of cross-investors in late-stage pre-IPO cycles. The detailed agenda cites Pitchbook data from a report titled “Crossing Over Into Venture,” which notes that last year, 74% of IPOs by number and 77% by value included cross-investment in rounds. pre-IPO. The committee will hear from the PitchBook team who wrote the report and discuss how this trend is changing the dynamics of raising capital leading to public offerings. In addition, the committee will discuss alternatives to traditional IPOs, including direct listings and combinations with SPACs.

See the press release and agenda here.

Visit us on

Mayer Brown is a global provider of legal services comprising law firms that are separate entities (the “Mayer Brown Practices”). The Mayer Brown Firms are: Mayer Brown LLP and Mayer Brown Europe – Brussels LLP, two limited liability companies established in Illinois in the United States; Mayer Brown International LLP, a limited liability company incorporated in England and Wales (authorized and regulated by the Solicitors Regulation Authority and registered in England and Wales under number OC 303359); Mayer Brown, a SELAS established in France; Mayer Brown JSM, a partnership of Hong Kong and its associated entities in Asia; and Tauil & Checker Advogados, a Brazilian law partnership in which Mayer Brown is associated. “Mayer Brown” and the Mayer Brown logo are registered trademarks of Mayer Brown Practices in their respective jurisdictions.

© Copyright 2020. The Mayer Brown Practices. All rights reserved.

This article by Mayer Brown provides information and commentary on legal issues and developments of interest. The foregoing does not constitute a complete treatment of the matter at hand and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action on the matters discussed in this document.

POPULAR POSTS ON: US Corporate / Commercial Law

ESG and IPO pricing

Mayer brown

Alessandro Fenili and Carlo Raimondo, in their study and article ESG and the Pricing of IPOs: Does Sustainability Matter, find a significant relationship between a discussion of ESG issues and IPO pricing.

Disclosure Requirements: What’s In Front Of You?

Mayer brown

In various remarks prepared over the past few weeks, the Chairman of the Securities and Exchange Commission (SEC) Gensler has commented on a number of potential proposals for additional disclosure requirements.

Supplier Due Diligence Reports: The Tale of Two Markets

Shearman & Sterling LLP

Over the past 20 years or so, a particular difference (at least in the author’s opinion) has developed between the European and American way of conducting the auction processes for private equity transactions.


About Author

Leave A Reply