In The Press September 02, 2020

NYSE's Expansion Of Direct Listings Faces New Hurdle (Law360)

Regulators' approval of a New York Stock Exchange plan to allow companies to sell new shares in direct listings is facing a delay, as an investor group urges the full U.S. Securities and Exchange Commission to review the plan and address potential risks to investors. Goodwin capital markets and technology partner Rick Kline, who advised Slack on its direct listing, noted that the company's financial advisers — which are also experienced IPO underwriters, were closely involved in the listing process. Read the Law360 article here.