H.R. 4430
Lowers stock value needed for faster public offerings
Companies would need a lower total value of common stock to count as well-known seasoned issuers, a status that lets them sell shares to the public on a faster timeline.
- Cuts the total market value of common stock a company must have to qualify as a well-known seasoned issuer
- That status lets a company sell securities to the public through automatic shelf registrations
- Such offerings are allowed to move faster than usual
- The bill does not say what the new value threshold would be
Passed the House · Senate's turn