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. A Goodwin partner , 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.