Archive for April 6th, 2010
SEC Encourages Non-Toxic PIPEs with Rule 415 Interpretation
By David Feldman at 6 April, 2010, 2:30 pm
The PIPEs Report, in its newest issue out today, has confirmed that the SEC has moved more and more towards allowing a larger percentage of a public issuer’s public float to be registered for public resale following a PIPE, so long as the PIPE does not have so-called “toxic” features. For those who have been around awhile, [...]
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