The corporate spectacle better known as The We Company IPO officially and mercifully came to an end September 30 when The We Company (“We Co.”), the corporate parent of WeWork, requested that the Securities and Exchange Commission consent to the withdrawal of We Co.’s registration statement because it “no longer wishes to conduct a public
First S-1 Filing for an ICO: Going Legit or Just a Crypto Head Fake?
By Alon Y. Kapen on
Posted in bitcoin, blockchain, disclosure, Ethereum, ICO, initial coin offering, registration statement, risk factors, S-1, SAFT, SEC, token, token sale, utility token
Initial coin offerings so far have gone through two major phases in their brief lifespan. The initial phase flew under the regulatory radar in an explosion of deals that raised billions of dollars seemingly overnight and without either registering the offerings with the SEC or complying with an exemption from registration. The ICO atmosphere changed…