LegalEdge’s Post

When it comes to the CAC, absolutely nothing is permanent. You do not need to register multiple businesses each time you want to make a change. Your business name, directors, shareholders, address, objects and so on, can be changed. You however need to ensure your annual returns is up to date before the changes can be made. #icnc #thecommerciallawyer #fintech #fintechstartup #nigerianfintech #fintechlawyer #goodlawyerinlagos #cbn #cacregistration #foreignparticipationinnig #howtoinvestinnigeriaasaforeigner #sharecapital #whatisshares #lawyersoflinkedin

New Item 1604(b) requires a SPAC prospectus summary to include a table disclosing the following information related to the de-SPAC or any related financing transaction: (i) the terms and amount of the compensation received or to be received by the SPAC sponsor, its affiliates, and promoters, (ii) the amount of securities issued or to be issued by the SPAC to the SPAC sponsor, its affiliates, and promoters and the price paid or to be paid for such securities, and (iii) outside of the table, the extent to which this compensation and securities issuance may result in a material dilution of the equity interests of the non-redeeming shareholders. #SecuritiesLawBlog #SEC #SPAC #ALCLAW

New Item 1604(b) requires a SPAC prospectus summary to include a table disclosing the following information related to the de-SPAC or any related financing transaction: (i) the terms and amount of the compensation received or to be received by the SPAC sponsor, its affiliates, and promoters, (ii) the amount of securities issued or to be issued by the SPAC to the SPAC sponsor, its affiliates, and promoters and the price paid or to be paid for such securities, and (iii) outside of the table, the extent to which this compensation and securities issuance may result in a material dilution of the equity interests of the non-redeeming shareholders. #SecuritiesLawBlog #SEC #SPAC #ALCLAW

Should a company be dissolved if liquidation funds fall short of covering pending expenses, or should proceedings continue to attempt further asset recovery? #CorporateFinance #Insolvency #AssetRecovery #Corporatelaw #ComplyX

For more info: https://lnkd.in/g7XPJdij If you're considering becoming a sponsor for a syndication or equity fund, you'll want to understand the differences between using a Limited Liability Company (LLC) or a Limited Partnership (LP) as your entity structure. #syndication #realestatesyndication

The new rules require enhanced dilution disclosures in SPAC IPO’s and other non-de-SPAC registered offerings (Item 1602), and de-SPAC transactions (Item 1604). There are numerous potential sources of dilution in common SPAC structures, including: (i) shareholder redemptions, (ii) SPAC sponsor compensation, (iii) underwriting fees, (iv) warrants, (v) convertible securities, and (vi) PIPE financings. #SecuritiesLawBlog #SPAC #ALCLAW

With their expertise in maintaining shareholder records, processing dividends, and handling investor concerns, transfer agents provide invaluable support to the financial industry. Read more 👉 https://lttr.ai/AQ3cI #TransferAgents #FinancialTransactions #CrucialRole #WorkClosely #TrustCompanies #RecordTransactions #IssueCertificates #ResolvingIssuesRelated

The seven underlying managers make up ~50% of the fund, while the remaining 50% is managed by the Flagship global team via an active top-down approach. This results in a lower risk profile than a traditional single manager fund while still generating benchmark-beating returns; a real return of 8% per annum, or nominal 13% per annum, for over 20 years.

Euronext Securities launches corporate actions service. The service gives users the opportunity to manage corporate actions across all the Euronext CSDs on a single platform https://lnkd.in/enKvYaJh #fundadmin #Custody