Foreign businesses historically have looked to the U.S. capital markets as an important source of financing. Although the global financial marketplace has been significantly impacted by financial uncertainty, the COVID-19 pandemic, and the Russian invasion of Ukraine, which will continue to evolve in unforeseen ways, the U.S. market remains one of the most robust and deepest financial markets in the world. While opportunities within local and alternative international markets expand, non-U.S. companies continue to seek access to the expansive investor base provided by the U.S. capital markets through new securities offerings, both public and private, as well as through stock exchange listings and sponsored American depositary receipt programs.
The laws, rules, and regulations governing capital raising and public companies in the United States are extensive and complex. This guide is intended to give non-U.S. companies a general overview of some of the more significant legal and practical considerations related to offerings and listings of securities in the United States.
Greenberg Traurig's Global Capital Markets Practice has prepared this guide that sets forth selected legal and practical considerations that non-U.S. companies should consider in connection with accessing the capital markets in the United States. This summary does not contain all of the information and considerations required for a successful offering or listing of securities. Non-U.S. companies contemplating an offering or a listing of securities in the United States should retain experienced legal counsel to guide them through the process.