WorldWide Widgets, a non-US e-commerce company, is considering going public. In addition to offering its locally listed stock to investors outside the United States, WWW would like to sell to investors inside the United States in private transactions without registration with the US Securities and Exchange Commission. What are the key legal issues WWW is likely to face?
Latham has written a book to help help non-US issuers navigate the US portion of a global IPO – in other words, an offering to investors outside the US under Regulation S and to US investors, usually large US institutional investors known as qualified institutional buyers, or QIBs, under Rule 144A or another exemption from the registration requirements of the Securities Act.
A complimentary copy of the 2017 edition of the Latham Global IPO Guide is available for download here.