Top 10 Practice Tips: Drafting a Registration Statement

Summary

Drafting a registration statement for filing with the U.S. Securities and Exchange Commission (SEC) can be a daunting challenge, particularly in an initial public offering (IPO) with an issuer or counsel who has not previously faced the detailed regulatory requirements of the SEC. However, registration statements are not required only for IPOs. Issuers will also encounter peculiarities in the registration process for follow-on offerings as well. The following practice points address a variety of issues that issuers and counsel need to consider across the gamut of the registration process.