Under Title I, emerging growth companies (EGCs) benefit from a streamlined IPO process and phased transition period, or on-ramp, from private to public company. The IPO on-ramp has already become a standard route in the IPO process — EGCs represent approximately 75 percent of companies that completed IPOs in the United States since the JOBS Act’s enactment.
With more EGC IPO experience than any other law firm, Latham & Watkins' global team provides clients with a deep understanding of the EGC IPO process, including:
- Testing the Waters
- Confidential SEC Review
- EGC-specific Disclosure
- Scaled Financial Disclosure
- Scaled Executive Compensation Disclosure
- Extended Phase-in of Internal Controls Audit
- Extended Transition Period for New Accounting Standards
The firm's EGC IPO experience builds on our work advising on capital markets transactions and counseling public and emerging company clients. In 2012, Latham advised on nearly 25 percent of all IPOs completed in the United States by EGCs in the first year of the JOBS Act — more than any other law firm.