Regulatory changes, market fluctuation, and new deal structures have ushered in a new era for the PIPE market. Companies must understand the complexities of a market gone global, with private investments in public equity expanding in the United States as well as in Asia and Europe.

This book features an all-star cast of contributors in the follow-up to "PIPEs: A Guide to Private Investments in Public Equity," focusing this new book on the most prescient topics for informed readers. With chapters on international PIPEs, new deal structures, the latest legal complications, and the most recent regulation, this book details the changes in the PIPE market, with an emphasis on the matters most closely tied to issuers.

INTRODUCTION

PART ONE: THE STATE OF THE MARKET

1. PIPEs and Registered Directs
2. PIPE Market Statistics
3. International PIPEs: Private Placements by Australian Securities Exchange-Listed Companies
4. International PIPEs: Rules, Regulations, and an Overview of the Capital Markets in the United Kingdom
5. Developing Aftermarket Support and Liquidity

PART TWO: LEGAL AND ACCOUNTING ISSUES

6. Legal and Regulatory Overview
7. Listing Considerations
8. Registration Issues
9. Valuation of PIPEs
10. Placement Agent Agreements

PART THREE: DEAL STRUCTURES & TERM SHEETS

11. Registered Directs
12. Common-Stock Transactions
13. Structured PIPEs
14. Equity Lines of Credit

PART FOUR: ALTERNATIVE DEAL STRUCTURES

15. Shell Mergers and SPACs
16. Reverse Mergers
17. Anatomy of a Chinese APO

Afterword
Glossary
Index