Raising Capital—Notes, Forms, and Preferred Equities (from Annual Advanced Business Law Conference 2019) (On Demand Seminar)

A pre-recorded streaming VIDEO replay of one session from the October 2019 live seminar, 46th Annual Advanced Business Law Conference.

Cosponsored with the Business Law Section of the Virginia State Bar

This session provides an in-depth overview of the evolving trends in and “market” for structuring equity, debt, and hybrid investments by angels, venture capital funds, and alternative investors, including:

• Updating company documents and records in anticipation of outside investors
• The importance of the business plan, revenue model, and projections in anticipating current and future capital needs
• Dealing with founder control and dilution issues, option pools, and valuation foot faults and gaps
• Considering SAFEs, convertible notes, and notes and warrants before issuing stock or membership interests, including traps for the unwary
• Investor terms and rights in seed versus Series A preferred financings, including the nuances in liquidation preferences, preferred returns, participation rights, and investor veto and board seat rights
• In-depth review of typical investor agreements, including investor rights, voting and drag-along, right of refusal and tag-along, and other agreements
• Caveats in using investment bankers, finders, and broker-dealers
• Unique issues in raising capital from corporate VC or strategic investors

FACULTY

Brian Burke, Cooley LLP / Reston
Matthew A. Clary, III, Law Offices of Matthew A. Clary, III / Fairfax
Max Moyer, Triumph Advisors PLLC / Vienna

BUSINESS LAW SECTION BOARD AND PROGRAM COMMITTEE

Steven L. Brinker, Crenshaw, Ware & Martin, PLC / Norfolk
Matthew A. Clary, III, Law Offices of Matthew A. Clary, III / Fairfax
John M. Huddle, The Global Law Group, PLC / Richmond
Brent Justus, McGuireWoods LLP / Richmond
Steven J. Keeler (Chair), McGuireWoods LLP / Charlottesville
Karl T. Knoll, Clarabridge, Inc. / Reston
Autumn R. Visser, Woods Rogers PLC / Roanoke