A Public Company is a corporation whose securities are traded on a public exchange. These securities must be registered with the SEC.
Proxy Voting is the delegation of a shareholder’s voting rights to another shareholder. Shareholders may request the right to vote other shareholders’ votes to pass corporate actions, or alternatively, shareholders who are unable to attend a shareholder meeting may allow […]
Protective Provisions are provisions in financing docs which grant an investor (typically a preferred investor) certain rights. Typically the provisions give investors board rights or the right to veto certain board or company actions.
Proprietary Rights are property rights that only the owners of the property possess.
A Private Placement Memorandum (PPM) is a document to raise capital that provides potential investors with information about the type of investment, the company’s financial health as illustrated by financial statements, the risks associated with the investment, and the company’s […]
A Promissory Note is a debt instrument whereby a borrower promises to pay a lender in accordance with terms defined in the note.
A Profit Interest Plan (Incentive Unit Plan) is used by an LLC to incentivize and compensate service providers to the company, similar to a Stock Option Plan in a corporation. An incentive unit gives the recipient a right to the […]
A Private Offering is a company selling its securities to private-accredited investors without registering the securities with the SEC.
Private Equity is equity capital that is not quoted on a public exchange and refers to investments in private companies.
A Private Company is a company whose shares are privately sold and owned and are not traded on a public market. Unlike public companies, private companies’ stock is often owned by a few shareholders.