This Practical Guidance template memorandum summarizes the obligations, restrictions, and liabilities that apply to a newly public company and its directors and officers under the federal securities laws. Topics addressed include the company's reporting and corporate governance obligations, as well as reporting obligations and other restrictions applicable to the company's directors and officers.
This template includes practical guidance and drafting notes. This template memorandum assumes that the company is a US company with common stock listed on a national securities exchange. You should tailor the memorandum to the extent any assumptions do not apply and distribute it shortly before the company completes its initial public offering.
Downloads –Download Document
Visit us at mayerbrown.com
Mayer Brown is a global legal services provider comprising legal practices that are separate entities (the "Mayer Brown Practices"). The Mayer Brown Practices are: Mayer Brown LLP and Mayer Brown Europe - Brussels LLP, both limited liability partnerships established in Illinois USA; Mayer Brown International LLP, a limited liability partnership incorporated in England and Wales (authorized and regulated by the Solicitors Regulation Authority and registered in England and Wales number OC 303359); Mayer Brown, a SELAS established in France; Mayer Brown JSM, a Hong Kong partnership and its associated entities in Asia; and Tauil & Chequer Advogados, a Brazilian law partnership with which Mayer Brown is associated. "Mayer Brown" and the Mayer Brown logo are the trademarks of the Mayer Brown Practices in their respective jurisdictions.
© Copyright 2020. The Mayer Brown Practices. All rights reserved.
This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.
We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.