Archive for March 30th, 2010
Dodd Bill Does Not Include Sarbanes 404(b) Relief
By David Feldman at 30 March, 2010, 3:27 pm
The other day I did confirm that, unfortunately, the financial industry reform package put forth by the US Senate does not include a permanent exemption for smaller reporting companies from Sarbanes-Oxley Section 404(b). SOX 404(b) would obligate these companies’ auditors to attest to the adequacy of the company’s internal financial controls. Most of us see [...]
Read More >>Tip of the Week: Knowing the Pros and Cons of Reverse Mergers vs. IPOs
By David Feldman at 30 March, 2010, 10:28 am
To those who just recently started following reverse mergers, I think it is a timely opportunity to rehash why reverse mergers or other alternatives such as self-filings can be a better option than the traditional initial public offering (IPO). Let me briefly illustrate why a small to middle market company would seek out this option.
Benefits of [...]
