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Aug 22, 2024 | 
jdsupra.com | Ryan Adams |Marcia Ellis |Yilong Luo
On August 8, 2024, the Nasdaq Stock Market LLC (“Nasdaq”) submitted a proposal to amend its rules regarding penny stocks (i.e., stocks trading below a $1.00 minimum bid price) to make it easier for Nasdaq to delist them. Penny stock issuers are under increasing scrutiny, and the rule proposal would greatly facilitate Nasdaq’s ability to quickly delist such companies.
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May 3, 2024 | 
jdsupra.com | Ryan Adams |Andrew Brady |Brian V. Breheny
Conflict minerals disclosures on Forms SD are required to be filed with the Securities and Exchange Commission (SEC) no later than May 31, 2024. The conflict minerals disclosure rules and related guidance have remained at a practical standstill for the past few years following legal challenges to the rules and a remand to the SEC for further action.
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May 2, 2024 | 
lexology.com | Brian V. Breheny |Raquel Fox |Andrew Brady |Ryan Adams |Caroline Kim |James Rapp | +5 more
Conflict minerals disclosures on Forms SD are required to be filed with the Securities and Exchange Commission (SEC) no later than May 31, 2024. The conflict minerals disclosure rules and related guidance have remained at a practical standstill for the past few years following legal challenges to the rules and a remand to the SEC for further action.
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Apr 10, 2024 | 
jdsupra.com | Ryan Adams |Andrew Brady |Brian V. Breheny
The Securities and Exchange Commission’s climate-related disclosure rules pose a host of issues for companies. Below are answers from Skadden’s SEC Reporting and Compliance and Environmental Groups to some of the questions submitted after our March 14, 2024, webinar “The SEC’s New Climate-Related Disclosure Rules: What Companies Need To Know.”Pending Legal Challenges1. What is the outlook for the various legal challenges to the SEC’s climate rules?
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Mar 21, 2024 | 
jdsupra.com | Ryan Adams |Andrew Brady |Brian V. Breheny
When finalizing proxy materials for annual shareholder meetings, companies should consider the following areas, which are described in more detail below: SEC Proxy Filing Requirements Proxy Statement Disclosures and Tagging Requirements Website and Submission Requirements Post-Meeting RequirementsSEC Proxy Filing RequirementsFile Proxy Card, Notice of Internet Availability and Other Soliciting Materials With the SEC.
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Mar 11, 2024 | 
jdsupra.com | Ryan Adams |Andrew Brady |Brian V. Breheny
On March 6, 2024, the Securities and Exchange Commission (SEC) voted 3-2 to adopt new rules mandating climate-related disclosures in public companies’ annual reports and registration statements. While the final rules are meaningfully scaled back from the proposed rules and adopt a materiality-based approach, they nevertheless add potentially significant climate-related disclosure requirements for companies, including foreign private issuers.
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Feb 7, 2024 | 
jdsupra.com | Ryan Adams |Andrew Brady |Brian V. Breheny
As we noted in our October 13, 2023, client alert, the Securities and Exchange Commission (SEC) has adopted amendments to its beneficial ownership rules. Those amendments are effective as of February 5, 2024. Under the new rules: Initial Schedule 13Ds will be due within five business days (instead of 10 calendar days). Schedule 13D amendments will be due within two business days (instead of “promptly”).
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Jan 29, 2024 | 
jdsupra.com | Ryan Adams |Andrew Brady |Brian V. Breheny
Editor’s note: This is an updated version of our January 12, 2023, client alert. This update covers new staff SEC guidance addressing the options companies have when existing confidential treatment orders approach expiration. U.S. Securities and Exchange Commission (SEC) rules require reporting companies to file material agreements as exhibits to periodic reports, registration statements and certain other disclosure documents.
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Dec 13, 2023 | 
jdsupra.com | Ryan Adams |Rita Sinkfield Belin |Stephanie Birndorf
Companies have important decisions to make as they prepare for the 2024 annual meeting and reporting season. We have compiled this overview of the latest key issues — including SEC disclosure requirements, SEC guidance, executive compensation considerations, and annual meeting and corporate governance trends — that companies should consider as they plan for the upcoming season.
Please see full publication below for more information.
Download PDF
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Nov 29, 2023 | 
forbes.com | Ryan Adams
Ryan is the President and Chief Operations Officer of GeoLinks, a leading Internet and Digital Voice Provider. In urban America, where opportunities are often met with challenges, the digital divide has been a long-standing barrier to progress. As technology and the internet continue to impact every aspect of life in the U.S., the gap between those who do and don't have access to these resources becomes more pronounced.
