The experienced team of business lawyers at Moffatt Thomas have assisted many clients, both in Idaho and regionally, with a wide variety of securities offerings. Typically, we get involved at an early stage and stay closely involved throughout the offering process in order to provide clients with the information needed to make informed business decisions about the advantages, pitfalls, and costs associated with a securities offering. The lawyers at Moffatt Thomas have provided guidance to the most sophisticated businesses that access capital markets regularly, as well as small companies grappling with securities laws for the first time. Our dynamic securities practice includes intimate knowledge of both public offerings and private placements of equity and debt, as well as a substantial practice advising clients on continuing reporting obligations and compliance with state and federal securities laws.
- Public Offerings. The lawyers at Moffatt Thomas have assisted numerous clients with public offerings of securities, as well as registering high yield and investment grade debt. We have experience with NYSE and NASDAQ initial and continuing listing requirements, the SEC’s filing procedures, negotiating underwriting agreements, and drafting indentures and the disclosure documents necessary to a successful public offering. We work closely with the issuer at all stages of the offering in order to understand their business and make the process as smooth and efficient as possible.
- Private Placements. For many clients, it is more economical to offer securities to a select group of sophisticated investors in a private placement. Whether a client is in the early stages of raising capital or merely wishes to avoid the expense of registration, the lawyers at Moffatt Thomas routinely assist clients in structuring transactions exempt from state and federal registration requirements. We actively enlist client input to keep legal costs to a minimum and focus on providing our clients with the legal expertise needed to make a private placement an efficient way to raise capital.
- Reporting and Compliance. After the offering, clients often become subject to the periodic and other reporting requirements of the federal securities laws. The lawyers at Moffatt Thomas understand the ongoing needs of these clients and provide timely advice on the changing world of securities regulation. From updating our clients about changing reporting and disclosure requirements, sending reminders about filing deadlines, and advising officers and directors about their responsibilities under the federal securities laws, the lawyers at Moffatt Thomas closely monitor state and federal securities laws to ensure that our clients can focus on their businesses.
The decision to raise capital through the issuance of securities raises complex issues and can have dramatic repercussions on a company’s finances and its managers. At Moffatt Thomas, we have the experience necessary to assist clients in evaluating the risks and benefits inherent in securities offerings and to ensure our clients do not run afoul of the myriad state and federal securities laws.