Practice Areas

Our Business and Securities Group lawyers focus on raising capital for our clients. We have extensive contacts in the investment banking and venture capital community that help our clients gain access to the people and institutions capable of providing them with capital.

We regularly guide businesses through the private placement process. Maslon's securities lawyers understand that a private placement offering can take many different forms, depending on the client's needs. Some businesses require a significant infusion of capital and may utilize an investment banking firm to reach investors. These clients are likely to use our services to prepare an extensive private placement memorandum, which serves as a marketing document and satisfies the client's disclosure obligations. Other businesses, particularly those in their early rounds of financing, may conduct a more cost-effective offering exclusively to accredited investors with little more than a business plan and subscription agreement. In these instances, our services are usually limited to reviewing the client's business plan, qualifying prospective investors and drafting the form of subscription agreement. Mature companies needing acquisition capital can benefit from our ability to create mixtures of equity and debt financing components. Maslon lawyers have represented many publicly held companies in connection with “PIPE” (private investment in public entity) offerings involving private placements of preferred stock or other convertible securities and registration rights.

Regardless of your circumstances, our lawyers are able to identify and bring to bear the right legal resources, enabling your business to raise the capital it needs as efficiently as possible.

A private placement may also involve raising capital through venture capital investors. Maslon lawyers represent both issuers and purchasers in venture capital financings. Our experience in representing venture capital groups gives Maslon lawyers the perspective necessary to help our clients attract venture capital financing on the best possible terms. In addition, we understand how the structure of a current round of financing may affect our clients' ability to successfully complete future financings.

Recent Private Placements

*VC: Venture Capital Financing; PIPE: Private Investment Public Equity