In October of 2023, some institutions came back to the market, indicated by increased trading volume and average deal size. As indicated in the Caplight graphs below, Pre-IPO price performance continues to rebound and trading volume has picked up since the June bottom, with investors looking to take advantage of discounted secondary opportunities.
READ MORETop 10 CES 2024 Takeaways
As investment bankers providing M&A, capital raise, and strategic growth advisory services to entrepreneurial leaders inventing the digital future in emerging technology and media companies, the Consumer Electronics Show (CES) is a tentpole event for Progress Partners. We had 8 bankers attend and over 130 meetings with companies in the media, marketing, advertising, retail and […]
READ MORESEC adopts the Private Fund Advisor Rule (1A-5955)
On August 23, 2023, the Securities and Exchange Commission (SEC) adopted new rules and amendments to the Investment Advisers Act of 1940 that significantly affect the operations of private fund managers. While the new regulations do not directly affect broker/dealers, the changes affect many of our clients and it is important to understand how they […]
READ MOREAre you selling securities legally?
In the public capital markets and in particular markets involving retail investors, SEC regulations and FINRA rules are straight forward when it comes to the definition of a security and what constitutes securities activity. In the private capital markets, not so much. Companies looking to raise private capital spend a ton on securities attorneys to […]
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