SEC Adopts Regs re “Accredited Investor” Definition

As required by the Dodd-Frank Act of 2011, the SEC has now adopted final rules which confirm what already was official upon passing of the act: if you want to qualify as an “accredited investor” by virtue of having a net worth of more than $1 million, that net worth will have to exclude the ...

Happy Holidays!

As springtime weather continues in New York on this first day of winter, I wish all my faithful blogees, as applicable, a wonderful holiday season and very happy, healthy and prosperous 2012. Soon we will issue our annual wishes for the New Year. In reviewing my wishes from last year, I am feeling a bit like ...

More Thoughts About Israel – We Need to Educate Each Other

As the holiday season continues in full swing here in the US, life continues as normal for our friends in Israel. As the “alternative finance” community ponders the most effective strategy to assist exciting Israeli growth companies in raising capital and moving to the next level, some specific thoughts about how best to do that ...

Preliminary Thoughts about Israel

As is so often true on foreign trips, the last six days here in Israel have packed in about two weeks of activity and information flow. From the DealFlow conference to meetings in various far-reaching corners of this amazing country, here are some preliminary thoughts for those of us thinking about helping Israeli companies find ...

New SPAC Structure Discussed in Israel: Part III

So, if it works, the new “IPAC” structure can be great for target companies who no longer have to wait months to complete their transaction, and avoids the old problem of wondering whether shareholders will approve much as the new generation of SPACs already had. Plus, the SPAC attorney reports, the SEC has signed off ...

New SPAC Structure Discussed in Israel: Part II

See the last entry for a summary of the new SPAC structure known as IPAC. If it can be successful in raising money in its IPO and avoiding a high level of investor opt-outs in their reverse merger transactions, the new structure has the hope of taking the most advantage ever of the exemption from ...

New SPAC Structure Discussed in Israel: Part I

Greetings from the land of milk and honey where we have just concluded DealFlow Media’s Alternative Finance Conference in Tel Aviv. The conference plus the days after were particularly fascinating and eye-opening for me as it has been a little time since I last was very active with Israeli companies going public in the US. ...

Deck Chairs Shift but IPO Alternatives Remain Viable

A few thoughts about where we are now that some of the dust has settled following the passage of “seasoning” requirements to uplist to major exchanges after a reverse merger with a reporting shell. If you are thinking about a strategy to deal with the changes, get in touch! But here are some real big ...