Bloomberg Publishes Article by Spencer Feldman on the Benefits of Indications of Interest to Participate in IPOs

Bloomberg published a Professional Perspective article authored by Olshan Securities and Capital Markets partner Spencer Feldman entitled “Planning and Disclosing Indications of Interest for Participating in IPOs.” The article explains that disclosure of an investor’s indication of interest to participate in an IPO, through testing-the-waters communications, provides a strong message to the public market, especially for smaller retail-oriented IPOs. Issuers and underwriters must carefully review these disclosures to ensure compliance with applicable securities laws.