FAQ: Delaware Public Benefit Corporations Blog Post

A Delaware public benefit corporation (PBC) is a for-profit corporation intended to produce a public benefit and operate in a responsible and sustainable manner. A PBC must be managed in a way that balances the interests of the stockholders, the company’s key stakeholders, and a specific public benefit that the company commits to in its charter.

Direct Listing

A direct listing is the process by which a company lists shares held by its existing stockholders for sale on a public exchange.

The Direct Listing Craze Blog Post

Since 2019, we have witnessed the rise of the Direct Listing. Though they are not exactly new structures, following the heavily-publicized Direct Listings of tech giants Spotify and Slack, they…

Super Voting Stock: What is it and how can I get it? Blog Post

Very often founders raise the concern about protecting against dilution.  Specifically, they are concerned that, as they grow their business and issue stock to investors, employees, and advisors, their shares,…

Public Company

A public company is a company with public ownership and has shares that trade on a public exchange market. Because it is public it is required to meet the Securities and Exchange Commission’s strict filing requirements for public companies.