Gunderson Dettmer acted as legal advisor to SpringCM, a leading cloud-based document generation and contract lifecycle management software company, in its $220 million acquisition by DocuSign. In a definitive agreement announced today, the transaction will further accelerate DocuSign’s broadening of its solution beyond e-signature to the rest of the agreement process—from preparing to signing, acting-on, and managing agreements.
As required under the Economic Growth, Regulatory Relief, and Consumer Protection Act enacted in May 2018 (the “2018 Act”), the Securities and Exchange Commission (the “SEC”) issued final rules on July 18th to increase the disclosure threshold from $5 million to $10 million for issuances of securities in reliance on Rule 701 under the Securities Act of 1933.
Gunderson Dettmer advised Natera, Inc. in a follow-on public offering of 5,175,000 shares at the price to the public of $20.00 per share for a total of $103,500,000 in aggregate gross proceeds.
Gunderson Dettmer advised the underwriters on Domo, Inc.’s initial public offering of 10,580,000 shares at the price to the public of $21.00 per share for a total of $222,180,000 in aggregate gross proceeds.
Gunderson Dettmer served as lead counsel to WindMIL Therapeutics in its $32.5 million Series B financing round led by Qiming Venture Partners USA with participation from Medivate Partners, Camden Partners Nexus, Domain Associates and FOXKISER.
Gunderson Dettmer announced today that Malcolm B. Nicholls III will join its industry-leading fund formation practice, where he will be a partner resident in the Boston office. A highly-respected practitioner, Malcolm brings over 20 years of experience representing venture capital and private equity fund managers and investment advisors globally on a wide range of issues, including formations, secondary transactions, internal governance, and divestments and distributions.
Gunderson Dettmer represented Cohesity in its latest $250 million Series D financing round, led by Softbank Vision Fund as well as Cisco Investments, Morgan Stanley Expansion Capital, early investor Sequoia Capital and others.
In this video, DataGrail interviews Anna Westfelt, an associate in the firm’s Intellectual Property practice group who focuses on privacy and data security issues. She provides insights on why understanding the General Data Protection Regulation (GDPR) is critical for all businesses. GDPR is effective May 25, 2018.
The U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) is conducting a mandatory survey that imposes reporting requirements on any U.S. business entity (including a fund, general partner entity or management company) in which a foreign person directly or indirectly held a voting interest of 10 percent or more at any time during the 2017 fiscal year.
The Stop Sexual Harassment in NYC Act (the “Act”), a comprehensive package of legislation aimed at combating sexual harassment in the workplace and strengthening New York City’s existing anti-sexual harassment laws, was signed into law by Mayor Bill de Blasio on May 9, 2018. In lockstep with New York City’s new sexual harassment law, Governor Cuomo signed into law the New York State Legislature’s anti-sexual harassment legislation in the state’s 2019 budget.
Gunderson Dettmer acted as legal advisor to ARMO BioSciences (ARMO) in its $1.6 billion acquisition by Eli Lilly and Company (Lilly). In a definitive agreement announced today, the all-cash transaction will bolster Lilly’s immune-oncology program through the addition of ARMO’s lead product, pegilodecakin, which has demonstrated clinical benefit in multiple tumor types.
Gunderson Dettmer acted as international and M&A counsel to Flipkart in a $16 billion deal that will make Walmart Inc. its largest shareholder. Flipkart, which has been a client since 2011, is one of India’s largest e-commerce marketplaces and includes group companies Flipkart, Myntra, Jabong, and PhonePe. Launched in 2007, Flipkart has enabled millions of customers, sellers, merchants, and small businesses to be a part of India's e-commerce revolution, offering over 80 million products across 80+ categories.
As you may be aware, certain changes in Cayman Islands law relating to Anti-Money Laundering and Know Your Customer (AML / KYC) requirements go into effect in the near future. We are writing to our venture capital and private equity fund clients to remind you of such changes as well as regarding FATCA / CRS registration and reporting obligations for 2018.
The U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) is conducting a mandatory survey that imposes reporting requirements on any U.S. business in which a foreign entity directly and/or indirectly held a voting ownership interest (or the equivalent) of 10 percent or more at any time during that U.S. person’s 2017 fiscal year. All such U.S. persons must file Form BE-12 with the BEA by May 31, 2018 or by June 30, 2018if using the BEA eFile system at www.bea.gov/efile.
Despegar's IPO was shortlisted for “Equity Deal of the Year” by IFLR Americas Awards 2018, after meeting its goal of raising $332 million. It was the first overseas initial public offering for an Argentine company in more than 16 months.
Gunderson Dettmer served as lead counsel to WHOOP in its $25 million Series C financing round led by UAE71 Capital along with participation from the NFL Players Association, Durant Company, Twitter executive Jack Dorsey, Two Sigma Ventures, Mousse Partners, Thursday Ventures and NextView Ventures.
Gunderson Dettmer represented Fullscreen in the buyout of the company’s remaining stakeholders. In 2014, controlling interest in Fullscreen was sold to Otter Media, a joint venture created by AT&T and The Chernin Group. AT&T is now buying out The Chernin Group as well as the minority stockholders in Fullscreen and another partially owned subsidiary.
2018 Schedule 13G / Schedule 13F Filings, Form 13H Annual Update Filings, Annual Privacy Notice Mailing Requirement and Preliminary Reminder of Form ADV Annual Updating Amendment Requirements
This Alert briefly describes certain important recent compensation developments affecting public and private companies under the Tax Cuts and Jobs Act.
Gunderson Dettmer has announced the promotions of three associates to the partnership.
This Alert briefly highlights certain reporting requirements applicable to equity-based compensation, as well as recent California employment law changes, as we begin 2018.
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