Key Corporate Governance and Exit Considerations for the Sponsor-backed IPO Candidate | Practical Law

Key Corporate Governance and Exit Considerations for the Sponsor-backed IPO Candidate | Practical Law

A Practice Note highlighting the key issues to consider when implementing a post-initial public offering corporate governance structure for a private equity sponsor. It discusses strategies for maintaining sponsor control post-IPO through capital stock structure and board of director composition, negotiating registration rights to preserve sponsor liquidity, and addressing restrictions on transfer such as state takeover statutes, anti-assignment provisions, and minimum holding periods.

Key Corporate Governance and Exit Considerations for the Sponsor-backed IPO Candidate

Practical Law Practice Note 1-503-0874 (Approx. 12 pages)

Key Corporate Governance and Exit Considerations for the Sponsor-backed IPO Candidate

by Practical Law Corporate and Securities
MaintainedUSA (National/Federal)
A Practice Note highlighting the key issues to consider when implementing a post-initial public offering corporate governance structure for a private equity sponsor. It discusses strategies for maintaining sponsor control post-IPO through capital stock structure and board of director composition, negotiating registration rights to preserve sponsor liquidity, and addressing restrictions on transfer such as state takeover statutes, anti-assignment provisions, and minimum holding periods.