Brian P. Slough

Sep 24, 2024 | lexology.com | Brian P. Slough |Jeffrey Bodle |Scott Berman |James Preston |Lindsay R. Mozdziock

The National Venture Capital Association’s model legal documents are industry-standard venture capital financing documents that act as a baseline for emerging and venture capital companies, consisting of the certificate of incorporation (charter), stock purchase agreement, investors’ rights agreement, right of first refusal and co-sale agreement, and voting agreement as well as other ancillary documents.

Sep 24, 2024 | morganlewis.com | Brian P. Slough |Jeffrey Bodle |Scott Berman

The National Venture Capital Association’s model legal documents are industry-standard venture capital financing documents that act as a baseline for emerging and venture capital companies, consisting of the certificate of incorporation (charter), stock purchase agreement, investors’ rights agreement, right of first refusal and co-sale agreement, and voting agreement as well as other ancillary documents.

Sep 24, 2024 | lexology.com | Brian P. Slough |Jeffrey Bodle |Scott Berman |James Preston |Lindsay R. Mozdziock

The National Venture Capital Association’s model legal documents are industry-standard venture capital financing documents that act as a baseline for emerging and venture capital companies, consisting of the certificate of incorporation (charter), stock purchase agreement, investors’ rights agreement, right of first refusal and co-sale agreement, and voting agreement as well as other ancillary documents.

Sep 10, 2024 | lexology.com | Andrew M. Ray |Jeffrey Bodle |John L. Filippone |Brian P. Slough |Corey Mueller

A “down round” is when a company raises capital based on a valuation that is lower (often materially so) than the company’s valuation in one or more prior financing rounds. Depending on the severity of the situation, a “down round” also may be referred to as a “cram down” or “washout” financing when the financing would dilute or subordinate the payment priority of existing investors who do not participate.

Sep 10, 2024 | morganlewis.com | Andrew M. Ray |Jeffrey Bodle |John L. Filippone |Brian P. Slough |Corey Mueller

A “down round” is when a company raises capital based on a valuation that is lower (often materially so) than the company’s valuation in one or more prior financing rounds. Depending on the severity of the situation, a “down round” also may be referred to as a “cram down” or “washout” financing when the financing would dilute or subordinate the payment priority of existing investors who do not participate.