The U.S. Securities and Exchange Commission (the SEC) is continuing to provide updates regarding its response to COVID-19 and the related effects on the securities markets. On Jan. 30, Chairman
Continue Reading SEC Provides Updates in Response to Coronavirus Disease 2019
Companies often issue convertible promissory “bridge” notes when they are at an early stage and are in search of capital. A convertible promissory bridge note is a short-term debt instrument
Continue Reading Convertible Promissory Bridge Notes and Simple Agreements for Future Equity
With the 2016 fiscal year behind us, a number of reports that have been released in the past months provide a survey of the 2016 exits involving Israeli companies. The
Continue Reading Year-End Survey of Investment Transactions in Israel
We often counsel both early stage companies as well as investors looking to make venture capital investments in growth companies. One of the recurring issues is how the size of
Continue Reading Size of the Option Pool in an Early Stage Company
Venture capital is a form of financing that is typically provided by venture capital firms or funds to companies that are in a growth stage in exchange for equity securities
Continue Reading Review of the Legal Documents used in a Financing Round
In what has become a staple of lists that review the top startup hubs in the world, a recently published list by Sparklabs Global Ventures has listed Tel Aviv as
Continue Reading Israeli Startups Continue to Fare Well in 2016
For Israeli startups and growth-stage companies that seek to raise capital from investors in the United States, it is imperative that they understand the various securities issues that can arise
Continue Reading Regulation D Standards and Filings
With Major League Baseball hosting the beloved All-Star Game last month, I’d like to focus on the Israel Association of Baseball (IAB), a slightly lesser-known baseball league that is headquartered
Continue Reading The Israel Association of Baseball Makes a Play for the 2017 World Baseball Classic
On Aug. 1, 2016, the Israel Tax Authority announced that it has received information on over 8,000 Israeli clients with foreign bank accounts in Switzerland. The receipt of this list
Continue Reading New Tax Implications for Israeli Citizens with Foreign Bank Accounts
It is important for parties to a transaction who come from other less-litigious business environments to know that U.S. buyers and sellers operate in an environment where litigation is far
Continue Reading Materiality Provisions in Purchase Agreements