Growth Cos. Should Disclose Projections In IPO Prospectuses
April 9, 2021
Spencer G. Feldman
Law360 (subscription required) recently published an article authored by Olshan partner Spencer G. Feldman. In the article, “Growth Cos. Should Disclose Projections in IPO Prospectuses,” he suggests that the time is right for the SEC to encourage smaller and emerging growth companies to voluntarily show their prospective growth to investors by providing reasonable financial projections in their IPO prospectuses and to extend the safe harbor from liability to their IPOs, like de-SPAC transactions, for a greater chance of a successful offering. In many cases, underwriters, potential investors and stock exchanges are already looking at them.