Monthly Archives: September 2015

Online non-deal roadshows: how OTC Markets is driving investor confidence

OTC Markets have been demonstrating great creativity and dedication towards helping their issuers throughout 2015. The recent refining of their market tiers has raised the “confidence bar” for their OTCQX tier issuers, with strict new standards that delineates the superior OTCQX Best Market companies from other OTC companies that may be financially challenged or are not SEC reporting.

Transparency drives trust

OTC Markets is keenly aware that many of their issuers do not have direct access to investors and analysts at par with a NASDAQ or NYSE issuers. Sadly, this capital markets reality is heavily extorted by stock promoters and their day-trading audience. This is not the long-term investor audiences the OTC Markets want to connect with their top tier. Keep in mind, beyond USA-based companies, the OTCQX Best Market roster includes a large number of blue chips from Europe and Canada that are global household names ie: Heineken.

Shareholder communications build shareholder confidence

Tomorrow, OTC Markets is hosting their second virtual investor conference at VirtualInvestorConferences.com.

Unique for a stock exchange, this hosted event offers OTCQX CEOs the opportunity to speak directly to thousands of investors – in real-time. Now, flip that: this hosted event offers investors the opportunity to listen and ask questions directly to CEOs – in real-time. 

“Virtual investor conferences offer a convenient way for individual and professional investors to hear from and interact with company management without leaving the comfort of their offices, as well as for companies to broaden their exposure to potential investors in a sophisticated online environment,” said Jason Paltrowitz, Executive Vice President – Corporate Services of OTC Markets Group. “We are thrilled to continue our partnership with PR Newswire and VirtualInvestorConferences.com and showcase some of the high-quality life sciences companies traded on our OTCQX Best Market.”

Are investors engaging online? I invite you to judge that for yourself by clicking HERE and HERE. Post-live event, as our Shareholder Confidence 365 Study shows, these online presentation become a key piece of content for investors.

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Tomorrow’s event is focused on Life Sciences organizations. OTC Markets’ first event, June, brought regional banks, shareholder and potential investors together. We’re pleased OTC Markets selected to work with us – as a continuation of their own documented corporate mission of “Open, Transparent and Connected.”

SEC has a plan in case of Governmental “lapse in appropriations”

Ok. Not quite as epic as a MacGyver plan…

sec-plan-of-operations-during-lapse-in-appropriations-2015-1

…but the SEC does have a Plan A and possible a Plan B if the government agencies are forced to close on October 1.

FROM the SEC:

 The SEC will remain open and operational in the event the federal government undergoes a lapse in appropriations on October 1.

Any changes to the SEC’s operational status after October 1 will be announced on this website.

The SEC’s current operational plan in the event of an SEC shutdown is available here.

For those of you who remember the government shut-down event from 2013 (read here), the “practical advice” is that IPO registrations may be affected. S-1 filings may not be totally stopped, but if 2015 mirrors 2013, the process becomes – for lack of better description – a “manual process.”

We are watching this closely.

IPOs and Transactions: September 21 – 25

There were 41 transactions filed with the SEC last week.

Congratulations to all of the corporations and law firms that selected our transactions services last week including Labstyle Innovations Corp. w/ Zysman, Aharoni, Gayer and Sullivan & Worcester LLP, Ceres Inc w/ Shearman & Sterling LLP, MGT Capital Investments Inc. w/ Sichenzia Ross Friedman Ference LLP and KITOV Pharmaceuticals Holdings Inc. w/ Doron Tikotzky Kantor Gutman Cederboum, Ellenoff Grossman & Schole LLP, Gross, Kleinhendler, Hodak, Halevy, Greenberg & Co., Haynes and Boone, LLP.

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Law firm / advisor Registrant Symbol Form Exchange
Bingham Greenebaum Doll LLP FIRST LIGHT BANCORP ~ 1-A ~
Bracewell & Giuliani LLP OVERSTOCK.COM, INC OSTK S-3 NASDAQ
CEN Biotech, Inc. CEN BIOTECH INC ~ 10-12B ~
Clifford Chance US LLP ETRE RESIDENTIAL, LLC ~ S-11 ~
Concept Holding Corp. CONCEPT HOLDING CORP. ~ 10-12G ~
Curtis, Mallet-Prevost, Colt & Mosle LLP FLEXTRONICS INTERNATIONAL LTD. FLEX S-4 NASDAQ
Daniel H. Luciano Atty. AREM PACIFIC CORP ARPC S-1 OTC Markets
David Lubin & Associates, PLLC 2304101 ONTARIO INC. ~ F-1 ~
Doron Tikotzky Kantor Gutman Cederboum KITOV PHARMACEUTICALS HOLDINGS LTD. ~ F-1 ~
Duane Morris LLP NAKED BRAND GROUP INC. NAKD S-1 OTC Markets
Ellenoff Grossman & Schole LLP KITOV PHARMACEUTICALS HOLDINGS LTD. ~ F-1 ~
Faegre Baker Daniels LLP BIOCERES S.A. ~ F-1 ~
Foley & Lardner LLP SUNCOKE ENERGY PARTNERS, L.P. SXCP S-3 NYSE
Gewerter & Dowling TENAYA ACQUISITIONS CO ~ S-1 ~
Goodwin Procter LLP AQUAVENTURE HOLDINGS LLC ~ S-1 ~
Goodwin Procter LLP ETRE RESIDENTIAL, LLC ~ S-11 ~
Greenberg Traurig, LLP AGROFRESH SOLUTIONS, INC. AGFS S-3 NASDAQ
Gross, Kleinhendler, Hodak, Halevy, Greenberg & Co. KITOV PHARMACEUTICALS HOLDINGS LTD. ~ F-1 ~
Haynes and Boone, LLP KITOV PHARMACEUTICALS HOLDINGS LTD. ~ F-1 ~
Howard and Howard, PLLC CENTRUE FINANCIAL CORP CFCB S-1 OTC Markets
John T. Root Jr., Attorney at Law CAPSTONE SYSTEMS INC ~ S-1 ~
K&L Gates LLP METLIFE INSURANCE CO USA ~ S-3 ~
K&L Gates LLP METROPOLITAN LIFE INSURANCE CO ~ S-3 ~
L.A. Management, LLC LUNA AZUL DEVELOPMENT FUND, LLC ~ 1-A ~
Linklaters LLP BIOCERES S.A. ~ F-1 ~
Lowenstein Sandler LLP ROKA BIOSCIENCE, INC. ROKA S-3 NASDAQ
Manatt, Phelps & Phillips, LLP 1ST CENTURY BANCSHARES, INC. FCTY S-1 NASDAQ
Morgan, Lewis & Bockius LLP APERION BIOLOGICS, INC. ~ 1-A ~
Morgan, Lewis & Bockius, LLP PALMER SQUARE STRATEGIC FINANCE FUND ~ N-2 ~
Nixon Peabody LLP SPHERIX INC SPEX S-1 NASDAQ
Novi & Wilkin Attorneys at Law JACC STUDIOS INC. ~ S-1 ~
O’Melveny & Myers LLP BB&T CORP BBT S-4 NYSE
O’Neal Law Office ECO ENERGY TECH ASIA, LTD ~ S-1 ~
Original Source Music Inc. ORIGINAL SOURCE MUSIC, INC. ~ 10-12G ~
Parr Brown Gee & Loveless ULURU INC. ULUR S-1 OTC Markets
Paul, Weiss, Rifkind, Wharton & Garrison LLP AQUAVENTURE HOLDINGS LLC ~ S-1 ~
Paul, Weiss, Rifkind, Wharton & Garrison LLP SPECTRUM BRANDS, INC. ~ S-4 ~
Paul, Weiss, Rifkind, Wharton & Garrison LLP CAESARS ACQUISITION CO CACQ S-3 NASDAQ
PF Hospitality Group Inc. PF HOSPITALITY GROUP, INC. ~ 10-12G ~
Reinhart Boerner Van Deuren S.C. STANDEX INTERNATIONAL CORP/DE/ SXI S-3 NYSE
Roetzel & Andress, LPA NAKED BRAND GROUP INC. NAKD S-1 OTC Markets
Securities Compliance Group, Ltd. APEX RESOURCES INC/NV ~ S-1 ~
Shearman & Sterling LLP CERES, INC. CERE S-3 NASDAQ
Sheppard, Mullin, Richter & Hampton LLP 1ST CENTURY BANCSHARES, INC. FCTY S-1 NASDAQ
Sichenzia Ross Friedman Ference LLP MGT CAPITAL INVESTMENTS INC MGT S-3 NYSE
The Doney Law Firm UNITED LUMICON EXHIBITION SERVICES, INC. ~ S-1 ~
Vinson & Elkins L.L.P. PLAINS ALL AMERICAN PIPELINE LP PAA S-3 NYSE
Wachtell, Lipton, Rosen & Katz BB&T CORP BBT S-4 NYSE
Weintraub Tobin Chediak Coleman Grodin CESCA THERAPEUTICS INC. KOOL S-1 NASDAQ
Zysman, Aharoni, Gayer and Sullivan & Worcester LLP LABSTYLE INNOVATIONS CORP. DRIO S-1 OTC Markets

Post IPO, thousands of organizations count on us to assure regulatory compliance and target new investors.

Click here and opt-in to receive this weekly summary via email.Click here to review the week’s underwriters.Have a great week.

IPO Underwriters of the Week: September 21 – 25

Congratulations to the corporations and underwriters that worked with our transaction services team. Whether in-house, your-house or 100% virtual… click here to discover why we are the intelligent value for both traditional and confidential IPOs.

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Registrant Form Underwriter 1 Underwriter 2 Underwriter 3 +
TENAYA ACQUISITIONS CO S-1 Brian Blaszczak ~ ~
AQUAVENTURE HOLDINGS LLC S-1 Citigroup Global Markets Inc. Deutsche Bank Securities Inc. RBC Capital Markets, LLC / Canaccord Genuity Inc. / Raymond James & Associates, Inc.
PALMER SQUARE STRATEGIC FINANCE FUND N-2 Foreside Fund Services LLC ~ ~
METLIFE INSURANCE CO USA S-3 MetLife Investors Distribution Company ~ ~
METROPOLITAN LIFE INSURANCE CO S-3 MetLife Investors Distribution Company ~ ~
NAKED BRAND GROUP INC. S-1 Noble Financial Capital Markets ~ ~
BIOCERES S.A. F-1 Piper Jaffray & Co. Itau BBA USA Securities, Inc. Raymond James & Associates, Inc.
KITOV PHARMACEUTICALS HOLDINGS LTD. F-1 Rodman & Renshaw ~ ~
1ST CENTURY BANCSHARES, INC. S-1 Sandler O’Neill & Partners, L.P. ~ ~
APERION BIOLOGICS, INC. 1-A WR Hambrecht & Co LLC ~ ~

Post IPO, thousands of organizations count on us to assure regulatory compliance and target new investors.

Have a great week.

 

StockTwits is the 83% powerhouse of “tweet-ish” investor traffic

This summer’s “much-to-do-about-nothing” news was that Nestle IR was shutting down its IR dedicated independent Twitter feed and rolling its IR tweets into with the cooperate Twitter feed. The reason stated by Nestle was simply lack of ROI.

Fair enough. So where can an IR department find ROI? This prompted a review of our apples-to-apples research looking at both Twitter and StockTwits. Note: although this is a comparison, you do not have to choose one over the other. Use both if you wish. This is a discussion about targeting your shareholder communications to social media-minded investors… maximizing your efforts in social media.

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The chart above is representative of all Twitter and StockTwits trafiic generated for the month of August 2015 – via identical $CASHTAGGED content I simultaneously posted  into both the networks of StockTwits and Twitter. The inbound traffic generated from that outbound was monitored and measured.

The 4 pieces of outbound content drove, directly due to the $CASHTAGs, 298 inbound traffic referrals. StockTwits delivered 246 compared to Twitter’s 52.

Bottom-line: if and when you are sharing your IR content into social media, if you are tweeting your $CASHTAGGED content only into Twitter and not into StockTwits, you are walking away from 83% of the audience who want this tweet-based content from you.

And… if you are not including your $CASHTAG, you are walking away from most everybody in the capital markets. $CASHTAGs are how investors sort and filter tweets within StockTwits and Twitter. Your $CASHTAG is your targeting tool.

ACTION ITEM: StockTwits and Twitter are news streams. If you have further questions about StockTwits and Twitter – including their differences and how to use them with very little work, please download this whitepaper.

Vintage to Champion “Simplifying Compliance and Communications” Discussion at National Investor Relations Institute 2015 IR Fundamentals Conference

Transparency and workflow drive conversations at annual event in Boston MA, Sept 27 – 30

NEW YORK, Sept 24, 2015 / PR Newswire / — Vintage, the capital markets and corporate services division of PR Newswire, today announced that the company will be presenting their Investor Relations and Regulatory Compliance solutions at the National Investor Relations Institute (NIRI) 2015 IR Fundamentals Conference, Boston MA, Sept 27-30.

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The four day event is in the Taj Boston.

Recognized as the industry’s intelligent value, Vintage’s SEC compliance and IR specialists will be guiding attendees through the company’s comprehensive solution suite including:

  • IR websites
  • Earnings conference calls
  • Investor visibility
  • EDGAR and XBRL programs
  • News distribution

Of special discussion this year will be the introduction of “The Annual Report Journey,” Vintage’s monistic IR program that identifies each element associated within the annual report process and unifies its production. This unification can assure cohesive messaging and financial branding while simplifying the transition from traditional print distribution into highly engaging online versions. It also removes redundant tasks and fees.

VINTAGE_AR_journey

CLICK TO ENLARGE

To understand how the Annual Report Journey will unify their processes, public company representatives are invited to upload their 2014 annual report .PDF file for review and budget benchmarking. 

Upload 2014 annual reports here:  http://prn.to/annual-report-journey

The Annual Report Journey unifies the three major initiatives within an issuers’ process and subsequently aligns production and tangible products.

  • STRATEGY
    1. Creative & concept
    2. Design & create
  • COMPLIANCE
    1. 10-K file with SEC
    2. Print & distribute
  • MARKETING
    1. Interactive (online) Annual Report
    2. Animated (video) Annual Report

Currently, Vintage – PR Newswire has over 1000 PR and IR websites. Please visit Vintage today for more information: www.thevintagegroup.com

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. www.thevintagegroup.com 

About PR Newswire

PR Newswire (www.prnewswire.com) 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 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. www.prnewswire.com

Media Contact:

Bradley H. Smith
Director of Marketing, IR and Compliance Services
PR Newswire & Vintage
+1 201.942.7157
bradley.smith@prnewswire.com

“It’s been a pleasure working with you this quarter.”

vintaGE-TROPHYFast turns and spot-on execution has redefined Vintage, helping us to become the #3 EDGAR filing service in North America. Our work is highlighted every Monday in our “IPOs and Transactions of the Week” blog and email. Importantly, our week’s success is further highlighted (and celebrated) by the appreciative notes our operations people receive each day from our clients.

We can’t not share the good news (anonymized for privacy). Sales can offer you full named references.

Here is just a handful of the week’s notes: 

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Kudos to our Typesetting team

You guys are great. Everyone has been very professional and patient with us. We look forward to a long term relationship.

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.Kudos to our XBRL team

Just wanted to send you a note to say thank you for all your assistance with our switch to [fleXBRL] and our filing – what a much easier platform and way to do this it was!

Your support, given in such a timely and quick fashion, is immensely appreciated!  I’d love to start thinking about Q3 and getting ourselves fully prepped, even before Q3 draws to a close. Let me know what we will need to do to start that process in the next week or so. Thanks again!

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.Kudos to the Entire team

Vintage team, Thank you for your assistance with our first 10-Q.  We were on a very short time frame due to the recent merger into a public company, and your team did a great job of meeting the deadlines. Thanks again!

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.Kudos to our EDGAR team

As always, thank you all for helping to make my job easier every quarter.

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.Kudos to our Transactions team

Thank you very much for fixing this error! You are correct…we missed it. Thank you also for filing on the time schedule of 6:35 am today.

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Our rebrand was not just a logo change – it was a systemic and cultural reform throughout our operations. Our president, Liam Power, challenged his team to deliver the industry’s intelligent value, measured as fast turns and spot-on execution of services. You can meet Liam Power on this video. 

Thanks to our experts for delivering intelligent value!

Mid-market M&A numbers align with experts’ insights: video available

New North American dealflow numbers released from Mergermarket were no surprise to most anyone in the M&A space… culminating (year-to-date) at $61,700,000,000.  I could have abbreviated this number to $61.7B but all those zeros gives it a well-deserved gravitas.

Another measurement I like is the increase in our virtual data room sales. More deals equals more deal rooms : )

2015ytd

Most pundits attribute the robust year to the traditional deal-drivers of corporations needing to demonstrate growth and sector (above) consolidation. Certainly, low interest rates and cash-heavy PE funds are an important factor.

LEARN MORE: Our Mergermarket panel of expert discuss 2015’s momentum in engaging detail on this video.

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You are invited to watch the entire discussion or select a specific chapter that most interests you.

  • What are the main drivers behind the record deal activity in the last year and what we are seeing now?
  • What has been the historical and forward looking financing environment and how do they differ and flow into the M&A and Private Equity activity?
  • How do you see the business development companies (BDC) fitting into the market in the current environment? What’s their role?
  • What potential challenges are on the horizon that may impact continued high levels of M&A activity this year?
  • Which sectors do you feel will be most active going forward?
  • What is the trend of strategic acquisitions versus bolt-ons?
  • What is the influence of activist investors, large and small, in the M&A space?
  • What do you think the Fed is going to do with interest rates and how do you see this impacting M&A?
  • Are there any new, unexpected or changes in M&A liability exposure that put companies and directors at risk?
  • What have you seen, broadly, in the trends for the due diligence process including technology?
  • What is your view on the IPO market?

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Mid-market M&A video session: Goals, preparation and hiring an intermediary

Executing your first M&A, no matter what side of the deal you are on, is a complicated venture. Our 3-part video session is a smart and direct primer on the step to assure success.

The complete first session, below, addresses goals, preparation and hiring an intermediary. Kudos to Michael Schwerdtfeger, Chapman Associates, our expert.


In addition to the video:

Click here for the eBook companion to the video.

Click here for our Five Stages M&A overview.

IPOs and Transactions: September 14 -18

There were 27 transactions filed with the SEC last week.

Congratulations to all of the corporations and law firms that selected our transactions services last week including Trinity Place Holdings Inc. w/ Kramer Levin Naftalis & Frankel LLP and Intelligent Highway Solutions Inc. w/ Szaferman, Lakind, Blumstein & Blader PC.

We appreciate that they selected to work with us and we’re pleased that they found us to be the intelligent value.

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Law firm / Advisor Registrant Symbol Form Exchange
Bernstein Shur CROSS SHORE DISCOVERY FUND ` N-2 ~
Blank Rome LLP ANDINA ACQUISITION CORP. II ` S-1 ~
Blank Rome LLP CAMBRIDGE HOLDCO CORP. ` S-4 ~
Bluerock Real Estate, LLC TOTAL INCOME (PLUS) MORTGAGE FUND ~ N-2 OTC Markets
Cleary Gottlieb Steen & Hamilton LLP VISTACARE, LLC ` S-4 ~
DLA Piper LLP PAYLOCITY HOLDING CORP PCTY S-3 NASDAQ
Ellenoff Grossman & Schole LLP OMINTO, INC. OMNT S-1 OTC Markets
Everett & Everett PLLC GENERATION INCOME PROPERTIES, INC. ` 1-A ~
Fenwick & West LLP ADESTO TECHNOLOGIES CORP ` S-1 ~
Frost Brown Todd LLC FIRST CAPITAL INC FCAP S-4 NASDAQ
Goodwin Procter LLP DIMENSION THERAPEUTICS, INC. ` S-1 ~
Gordon & Rees LLP OMINTO, INC. OMNT S-1 OTC Markets
Graubard Miller ANDINA ACQUISITION CORP. II ` S-1 ~
Graubard Miller CAMBRIDGE HOLDCO CORP. ` S-4 ~
Harold P. Gewerter, Esq., Ltd. TV PRODUCTOS PRO CO., LTD. ` F-1 ~
Hateley & Hampton VIGILANT DIVERSIFIED HOLDINGS, INC./NV ` S-1 ~
Herrick, Feinstein LLP CARDAX, INC. CDXI S-4 OTC Markets
Kirkland & Ellis LLP CIVITAS SOLUTIONS, INC. CIVI S-1 NYSE
Kramer Levin Naftalis & Frankel LLP TRINITY PLACE HOLDINGS INC. TPHS S-3 OTC Markets
Krieg DeVault LLP FIRST CAPITAL INC FCAP S-4 NASDAQ
Latham & Watkins LLP DAVE & BUSTER’S ENTERTAINMENT, INC. PLAY S-1 NASDAQ
Latham & Watkins LLP CIVITAS SOLUTIONS, INC. CIVI S-1 NYSE
Latham & Watkins LLP CVR PARTNERS, LP UAN S-4 NYSE
Legal & Compliance, LLC IEG HOLDINGS CORP ` S-1 ~
McGeary Law Firm, P.C. UNICOBE CORP. ` S-1 ~
McGuireWoods LLP IEG HOLDINGS CORP ` S-1 ~
Orrick, Herrington & Sutcliffe LLP PAYLOCITY HOLDING CORP PCTY S-3 NASDAQ
Pillsbury Winthrop Shaw Pittman LLP ADESTO TECHNOLOGIES CORP ` S-1 ~
Reed Smith LLP JUNIPER PHARMACEUTICALS INC JNP S-3 NASDAQ
Robinson Brog Leinwand Greene Genovese & Gluck P.C. NXT-ID, INC. NXTD S-3 NASDAQ
Ropes & Gray LLP DIMENSION THERAPEUTICS, INC. ` S-1 ~
SD Mitchell & Associates, PLC VET ONLINE SUPPLY INC ` S-1 ~
Simpson Thacher & Bartlett LLP TALEN ENERGY CORP TLN S-1 NYSE
Szaferman, Lakind, Blumstein & Blader, PC INTELLIGENT HIGHWAY SOLUTIONS, INC. IHSI S-1 OTC Markets
Thompson Hine LLP TOTAL INCOME (PLUS) MORTGAGE FUND ~ N-2 OTC Markets
Vinson & Elkins L.L.P. CVR PARTNERS, LP UAN S-4 NYSE
Vinson & Elkins LLP NATURAL RESOURCE PARTNERS LP NRP S-3 NYSE
Vinson & Elkins LLP TALEN ENERGY CORP TLN S-1 NYSE
Weil, Gotshal & Manges LLP DAVE & BUSTER’S ENTERTAINMENT, INC. PLAY S-1 NASDAQ
Williams Mullen MIDDLEBURG FINANCIAL CORP MBRG S-3 NASDAQ

Post IPO, thousands of organizations count on us to assure regulatory compliance and target new investors.

Click here and opt-in to receive this weekly summary via email.Click here to review the week’s underwriters.Have a great week.