Category Archives: Industry news

70% of Top 10 Securities Law Firms Worked on Transactions with Vintage in 2015

“Fast-turns” and “spot-on execution” resonating with law firms as fundamental for executing middle market issuer transactions 

NEW YORK, February 2, 2016 / PR Newswire / — In 2015, 70% of the Top 10 law firms that specialize in the SEC transactions required by the Securities Act Of 1933, worked with Vintage, the capital markets, corporate services and institutional & mutual fund services division of PR Newswire. These filings, including IPOs, secondary offerings and Regulation A+ registrations, are very complex legal documents that require an immaculate attention to detail and extensive expertise in financial publishing.



“In 2015, Vintage clearly established ourselves as a top solution for law firms and their clients, particularly for issuers positioned in the middle market,” said Liam Power, President of Vintage. “Clients experienced our promise of delivering ‘fast-turns’ and ‘spot-on execution’ regardless of the scale of the work or the size of the company.

I’m proud to say that, judging by the direct feedback from our clients, Vintage is on mission and we continue our measurable expansion into larger and more complex deals. Unique in the industry, Vintage continues to deliver speed, quality and value without sacrificing any one attribute for another,” finished Power.

The capstone of Vintage capital markets group is its IPO and transaction drafting sessions. The company has defined three models for these sessions, based on the flexibility and budget the client requires and not a one-size-fits-all approach.

  • Vintage office location: a traditional session model
  • Client-selected location: minimum travel and billable hours while allowing senior executives to keep abreast of their daily workload
  • 100% virtual: the most cost and time efficient alternative

Securities law firms, like Sichenzia Ross Friedman Ference LLP, work with Vintage and the process that best suits their own issuer clients’ needs.

“We are very pleased to be recognized, for the second year in a row, as the 12th most active law firm in the United States for transactions involving public offerings,” said Gregory Sichenzia, Partner, Sichenzia Ross Friedman Ference LLP. “These rankings reflect the strong position that we have been able to maintain in the market.  We thank our friends at Vintage for their help and support.”

Absolute cost transparency is a hallmark of the Vintage approach, and a key part of their ability to deliver value to our client, presenting pricing simply, clearly and to the level of detail that matters to clients. In fact, Vintage pioneered the concept of open, up-front and transparent pricing.

“Once again, our presence on this Top 30 securities lawyer list clearly illustrates the dedication and smart decisions our partners and associates execute for our clients,” said Gregg E. Jaclin, Esq., Partner from Szaferman Lakind Blumstein & Blader, PC. “One key decision we assist our clients with is resource selection and we have found that Vintage compliments both our processes and our clients’ requirements.”

In addition to capital markets practice group that works with law firms, investment banks and M&A deal-drivers, Vintage also supports two other practice groups:

  • Corporate Services, which supports public companies with compliance and investor relations solutions
  • Institutional & Fund Services for investment management and mutual fund organizations

Vintage is headquartered in New York City with regional sales and service offices throughout the US and internationally.

A brief video explaining transaction drafting sessions can be viewed here:


Research is from 2014 SEC filings: 1-A, S-1, S-3, S-4, S-11, N-2, F-1, 10-12B and 10-12G. All files are available on website.

About Vintage

Vintage, a PR Newswire division, is a top-three provider of full-service regulatory compliance and shareholder communications services, delivered across our three practice areas: Capital Markets, Corporate Services and Institutional & Fund Services. Founded in 2002 and acquired by PR Newswire in 2007, Vintage has evolved to become the industry’s intelligent value choice. We deliver a flexible balance of people, facilities and technology to ensure that regulatory compliance and shareholder communications processes are efficient, transparent and painless. Services include IPO registrations, transactions, virtual data rooms, EDGAR & XBRL filing, typesetting, financial printing and investor relations websites. 

About PR Newswire

PR Newswire is the premier global provider of multimedia platforms that enable marketers, corporate communicators, sustainability officers, public affairs and investor relations officers to leverage content to engage with all their key audiences. Having pioneered the commercial news distribution industry over 60 years ago, PR Newswire today provides end-to-end solutions to produce, optimize and target content — from rich media to online video to multimedia — and then distribute content and measure results across traditional, digital, mobile and social channels. Combining the world’s largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, PR Newswire enables the world’s enterprises to engage opportunity everywhere it exists. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and the Asia-Pacific region, and is a UBM plc company. 

Media Contact:
Bradley H. Smith
Director of Marketing, IR and Compliance Services
PR Newswire & Vintage
+1 201.942.7157



SEC closed on Martin Luther King, Jr. Day: January 18, 2016

In observance of the Martin Luther King, Jr. holiday, the SEC is closed Monday January 18, 2016. No files can be received.


Files submitted after 5:30 pm ET, Friday, January 15, 2016 will receive a filing date of Tuesday, January 19, 2016 and will be posted to the public on January 19, 2016.

As with other holiday closings, the following file types will receive a Friday, January 15, 2015 filing date if filed by 10:00 pm ET on Friday:

  • Section 16 filings (3, 3/A, 4, 4/A, 5, 5/A)
  • Filings pursuant to Rule 462(b)

For any filing with a due date of Monday, January 18, 2016, the SEC will move the due date of Tuesday, January 19, 2016.

Please contact your Vintage representative if you foresee any deadline conflicts. We’re always here to help!


Vintage ranked in top three SEC Filing Agents for 2015

The beauty of being in the SEC compliance business is that our efforts are 100% transparent. Many 3rd party sites and feeds measure filings… the ultimate “client testimonial.” Once again, Vintage has made the top three in 2015, along with competitors RR Donnelley and Merrill.

Thanks once again to the data-crunchers over at SEC Info for their 2015 research “The Top 50 Most-Active SEC Filing Agents and Registrants in 2015.”


2015 was a year to grow for sure!

  • Under the tutelage of our president, Liam Power, we continued our “rebirth,” and enjoyed acquiring new clients that understand and appreciate intelligent value: speed and accuracy
  • We are a co-founder of the XBRL US Center for Data Quality to improve the utility of XBRL financial data filed with the U.S. Securities and Exchange Commission
  • We are the #1 service for Regulation A+ effective filings
  • We are the #1 service for 20-F filings in China

Bottom-line. Why did we do so well in 2015? We’ve become the industry’s intelligent value. Learn more – contact us. 

Kudos to our product and sales people for making marketing and blog writing so easy!

(And SPEAKING of kudos, check THESE out!)


The FAST Act streamlines the JOBS Act for Emerging Growth Companies

If you have not had time over the holidays to read Congress’ newly-minted 490 page “FAST Act” highway bill (Fixing America’s Surface Transportation Act), you may want to skip to page 472.

The FAST Act has a few added provisions pertinent to capital markets, start-ups & Emerging Growth Companies planning an IPO. These updates work on top of the JOBS Act (Jumpstart Our Business Startups).


Currently, via the JOBS Act, an Emerging Growth Company (EGC) – defined as a company with less than $1 billion in recent annual revenues –  must publicly file its IPO registration statement not fewer than 21 days prior to the start of its deal roadshow. Under the FAST Act, this window has been reduced to 15 calendar days.

Also, the FAST Act offers companies a slight “grace period” if during the lengthy IPO review process with the SEC, the company grows and generates more than $1 billion revenue threshold. They can finish the process as an EGC.

Click here for an illustrative overview of the lengthy “back-and-forth” an IPO registration has with the SEC.

Finally, under the JOBS Act, EGCs are required to supply two years of audited financial statements within their initial confidential submissions or public filings of the S-1 registration statement. Much like “grace period” mentioned above, the FAST Act now permits companies to omit historical financial information if that information would not be required in a registration statement at the time of the deal roadshow. This simplifies the work for EGCs that would complete a fiscal year during the formal SEC review process.

The full text of the FAST Act can be found here. And I don’t know why capital markets matters are buried on page 472 in a 490 page highway / transportation bill either.

UPDATE: 1/2 day of work for SEC on December 24th

This afternoon, the SEC announced that in addition to its December 25th closure, the federal government has been granted a half-day holiday on Thursday, December 24th. The EDGAR system will not receive files after 1:30 PM ET.


In addition, the Filer Support Call Center will be open from 9am to 1:30pm, rather than the usual 9am to 5:30pm operating hours. EDGAR will be operational, Monday morning, December 28, 2015.

If their last minute 1/2 day is causing you problems, call Vintage right away. 866.683.5252


2016 SEC filing calendar – don’t miss a deadline or holiday closing

This is the shortest post you’ll ever read hereClick here to download our 2016 SEC filing calendar. 


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*Pushpin not actual size

Top 10 IR and SEC (regulatory) blogs of the year


First things first. Thank you for reading Building Shareholder Confidence throughout 2015. Our readership continues to accelerate each year. Judging by our numbers, the tone (informative & “breezy”) and the topic-range fits the niches’ appetite.

I’d like to think that informative & “breezy” aligns with our 2015 brand mission in regard to our products and services: intelligent value – the right scale for your needs. 

Below are the Top Ten posts, buy readership, for 2015.

  • Two glass-half-full investor relations lessons from the Twitter early release | READ HERE
  • NYSE tightens its procedures for disclosure regarding material news announcements | READ HERE
  • Board Directors now discussing more pro – than con – of social media | READ HERE
  • Quick help on how the new SEC Reg A+ compares with “traditional” registrations | READ HERE
  • 74% of Buy-side analysts access news releases on their street portal | READ HERE
  • 9 questions answered about holding your first earnings conference call | READ HERE
  • Investor Relations Officers ~ Class of 2015! |  READ HERE
  • 80% of Top SEC Transaction Law Firms Worked With Vintage in 2014 | READ HERE
  • Expert Team Guides Clients Through Very First SEC Regulation A+ Filings | READ HERE
  • Vintage Introduces the “Annual Report Journey:” Forms Partnership with Design Stalwart Curran & Connors | READ HERE

One caveat… there should be eleven donuts in that box. Our weekly IPO and Transactions is by-and-away the most popular content; viewed by thousands of securities lawyers and corporate executives.  The top ten above are the most prose-based posts.

Thank you again,
~ Bradley H. Smith