Bekker's Blog

Blog archive

Help Is On The Way

The New York Times' Business Section this morning had a piece about an upcoming federal rule change (click here to read; registration required) that could help software start-ups and other channel companies raise money. Called the U.S. Securities and Exchange Commission's Rule 144, it covers restricted securities, which are sold at a discount in private placements.

Under the old language, investors had to hold those securities for a year and could only sell a set percentage of them each quarter after that. The revised rule, announced in mid-November, will allow investors to sell the securities all at once and after just six months. When it takes effect on Feb. 15, the new language will apply to publicly traded companies with less than $700 million in revenues.

According to one lawyer specializing in securities law quoted by the Times, the change will probably bring the most benefit to companies with a market capitalization of less than $100 million. The article also suggests it's good timing for smaller companies with the tightening of the credit markets.

Posted by Scott Bekker on January 30, 2008 at 11:57 AM


Featured

  • Windows Autopilot for HoloLens 2 Hits Preview

    Windows Autopilot, Microsoft's PC self-provisioning program, is now being tested for use with the company's mixed-reality headset, the HoloLens 2.

  • Signs Point to Microsoft Charging for Use of APIs

    There are indications that Microsoft is mulling charging customers for software that uses its application programming interfaces.

  • The 2020 Microsoft Product Roadmap

    From the next major update to Windows 10 to the next generations of .NET and PowerShell, here's what's on tap from Microsoft this year.

  • Microsoft Extends Azure Hybrid Benefit Licensing to Linux

    Microsoft has expanded its Azure Hybrid Benefit licensing program to include Linux servers, particularly Red Hat Enterprise Linux or SUSE Linux Enterprise servers.