IPOs neglect Jobs Act short cut, according to Paul Hastings

Companies being listed in the US have been slow to adopt provisions in the Jobs Act 2012 which could have made the process significantly easier, according to a report from Paul Hastings.

As experts in the technology sector predict a bumper year for hi-tech flotations in 2015, it may be that more come to take advantage of the provisions. Jeff Hartlin, a securities and capital markets partner at Paul Hastings and author of a report on the subject, said: 'We were surprised at how slow they have been to embrace the full benefits of the act — in many cases foregoing provisions that would potentially save these companies significant time and money.' Source: SFGate

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