Louis Taubman
Managing Partner
LOUIS TAUBMAN
950 Third Avenue, 19th Floor
New York, NY 10022
T: 917.512.0827
F: 212.202.6380
ltaubman@htflawyers.com
Louis Taubman is a partner in the New York office of Hunter Taubman Fischer & Li. Mr. Taubman’s practice concentrates on securities law, corporate finance and corporate governance. Mr. Taubman represents issuers, broker dealers and investors in connection with private and public financing transactions, mergers and acquisitions, corporate governance and SEC compliance. Mr. Taubman currently provides advice to various issuers with regard to their continued Securities Exchange Act of 1934 reporting requirements, as well as related issues of corporate compliance and governance. Mr. Taubman also assists issuers with regard to initial listing on the Nasdaq, NYSE-MKT, OTCQX and other markets and exchanges, as well as ongoing compliance with exchange listing requirements.
Feb. 13, 2025
What does it mean to be a reporting company?
What does it mean to be a reporting company Well a reporting company is a class of companies that have stock registered under the Securities Exchange Act of 1934 These companies file 10-Ks 10-Qs and current reports on form 8 K It is possible to be publicly traded and not be a reporting company although it's become rarer and rarer these days Most companies that people think of when they think of as public companies are reporting companies which means that you can read their annual and their quar...
Guest: Louis Taubman
Feb. 11, 2025
What is an S-3?
What is an S 3 An S 3 is a short form registration as opposed to an S one which is a long form registration statement Companies once they've been public for 12 months and are on a national securities exchange are eligible to use a short form registration This is a much easier more user friendly form that companies can use at lower expense to raise further funds from public investors Disclaimer: Joshua Wilson is a registered investment banking representative and a licensed real estate broker. T...
Guest: Louis Taubman
Feb. 7, 2025
What is a national securities exchange?
What is a national securities exchange A national securities exchange or market are the primary places where securities are traded in the United States The 2 most commonly referred to are the NASDAQ and the New York Stock Exchange And then they have various tiers within them It's important to distinguish a national securities exchange from a market which is does not have that designation such as the over-the-counter market There are certain advantages to being on a national securities exchange ...
Guest: Louis Taubman
Feb. 6, 2025
What is a follow-on offering?
What is a follow-on offering A follow-on offering is an offering that occurs after a company is already public You've already done your initial public offering and now you want to sell more shares to the public raise more capital for your company So any offering that takes place following an initial public offering and usually follow-on offerings are public offerings as well is referred to as a follow-on offering Disclaimer: Joshua Wilson is a registered investment banking representative and a...
Guest: Louis Taubman
Feb. 5, 2025
What is a 10-K?
What is a 10-K A 10-K is a company's annual report Every year reporting companies that have stock that's traded publicly have to put out a report to the public that tells them what their results were for the year end from both a financial and an operations and business standpoint It's a very informative form Anybody who's considering investing in a public company should go out and read their most recent 10-K and their 10-Q Disclaimer: Joshua Wilson is a registered investment banking representa...
Guest: Louis Taubman
Feb. 3, 2025
What is an Underwriting Agreement?
"What is an underwriting agreement?" Lou Taubman explains that it is a formal contract between a company and an investment bank, detailing the terms for selling securities. The agreement outlines responsibilities, pricing, share quantity, and timelines, ensuring transparency and due diligence. This document is crucial for the success of public offerings or additional securities sales, making it a key topic for investor relations, CFOs, investors, attorneys, and accountants. Disclaimer: Joshua ...
Guest: Louis Taubman
Feb. 3, 2025
What is a 10-Q?
What is a 10-Q A 10-Q is a quarterly report Most public companies put out a tenK once a year their annual report and 3 tenQs one for each quarter of the year So you have your first quarter 10-Q your second quarter 10-Q your third quarter 10-Q and then after the 4th quarter you'll put out your 10-K which is your annual report Disclaimer: Joshua Wilson is a registered investment banking representative and a licensed real estate broker. The content of this podcast is for informational purposes on...
Guest: Louis Taubman
Jan. 31, 2025
What is an ATM?
What is an ATM An ATM refers to an at-the-market offering If a company is eligible to use S-III they can set up what's called an ATM facility This typically involves hiring an underwriter to act as the ATM underwriter and it allows the company when market conditions are favorable to tell the underwriter they want to sell a certain amount of their shares in an at-the-market offering meaning at the price of that the stock is currently trading on the market Disclaimer: Joshua Wilson is a register...
Guest: Louis Taubman
Jan. 29, 2025
What documents are involved in an IPO?
What documents are included within an IPO process Well the main document that you'll see is the registration statement on Form S-I That's what investors see when they go to invest in the company The company will also negotiate an underwriting agreement an agreement regarding the distribution of the securities between itself and the investment bank As part of the registration statement there's also the financial statements which are prepared by the company and reviewed or audited by its auditors...
Guest: Louis Taubman
Jan. 28, 2025
What is the role of the Auditors in an IPO?
What is the role of auditors in an IPO? The auditors are the independent accounting firm They're a third party accounting firm that's hired by the company to verify the financial statements that are prepared by the company's accounting staff Usually it's CFO controller and various accounting personnel All public companies in the U have to have audited financial statements so that you have a third party that verifies that those financial statements are as accurate as possible Disclaimer: Joshua ...
Guest: Louis Taubman
Jan. 28, 2025
What is the role of investment bankers in an IPO?
Well the investment bankers are charged their primary responsibility is distributing the securities to the public But they also have a responsibility to do their own due diligence on the public company or soon to be public company And they help with what's called price discovery So they help set the price of the securities Companies always want to sell their securities their shares for the highest price possible The public wants to buy it for the lowest price possible The underwriter or the inve...
Guest: Louis Taubman
Jan. 27, 2025
What is the role of company counsel in an IPO?
What is the role of company counsel in regards to an IPO? Company counsel is primarily charged with preparing the registration statement on Form S-1 which is the document that most investors see when they want to participate in an IPO Company counsel is also responsible for negotiating the underwriting agreement between the company and the investment bank who's their underwriter as well as coordinating due diligence from the company side and facilitating communication across the parties Discla...
Guest: Louis Taubman
Jan. 27, 2025
What Is An 8-K?
An 8 K is a current report That's a report that covers anything that's happened in between the ten Q or the ten K periods Usually it's triggered by a material event such as the company entered into a material contract that's not in the ordinary course of business or the company engaged with a new director or hired a new CEO Those are the types of events that would trigger the filing of a form 8 K Disclaimer: Joshua Wilson is a registered investment banking representative and a licensed real est...
Guest: Louis Taubman
Jan. 24, 2025
What is an S-1
Dive into the essentials of S-1 registration statements and their role in public securities sales. Learn about the SEC's requirements and why reading the prospectus is crucial before investing in public companies. Equip yourself with knowledge for smart investment decisions. Disclaimer: Joshua Wilson is a registered investment banking representative and a licensed real estate broker. The content of this podcast is for informational purposes only and should not be considered legal, financial, or...
Guest: Louis Taubman
Jan. 23, 2025
What is a Registered Direct Offering?
What is a registered direct offering A registered direct offering also known as an overnight deal is a discrete securities offering usually made to a small group of investors on terms that are based on whatever the current market price is immediately before the offering is done It's distinguished from an at-the-market offering in that an at-the-market offering is usually done just out into the market where the underwriter is selling securities to whoever is bidding on them A registered direct u...
Guest: Louis Taubman
Jan. 23, 2025
Who is Involved in an IPO?
Who is involved in an IPO The primary player involved is the public company itself or the soon to be public company which is the company that is selling its securities its shares its common stock Also involved is the underwriter That's the investment bank that's helping to distribute those securities to the public So think JP Morgan Morgan Stanley Goldman Sachs Also involved as well is the auditor That's the independent accounting firm that verifies the financial statements of the soon to be pu...
Guest: Louis Taubman
Jan. 23, 2025
What Is An IPO?
We dive into what an IPO truly is and how it signifies a company's entry into public markets. Learn about the sale of securities, primarily common stock, and the major exchanges like NASDAQ and the New York Stock Exchange. #IPO #InitialPublicOffering #StockMarket #PublicOffering #FinanceEducation #NASDAQ #NYSE #Securities #InvestmentStrategies Disclaimer: Joshua Wilson is a registered investment banking representative and a licensed real estate broker. The content of this podcast is for inform...
Guest: Louis Taubman
Jan. 22, 2025
What is a private offering?
Discover what a private offering is and how it differs from traditional securities offerings like IPOs. Learn why these exclusive deals target accredited investors and what opportunities they can provide to high net worth individuals. Disclaimer: Joshua Wilson is a registered investment banking representative and a licensed real estate broker. The content of this podcast is for informational purposes only and should not be considered legal, financial, or compliance advice. This podcast is not a...
Guest: Louis Taubman
Jan. 22, 2025
What is a public company?
What is a public company Well a public company is a company that has a class of securities usually common stock that are traded on a public market such as the NASDAQ or the NYSE It also refers to a company that reports publicly files ten K's ten Q's makes its information available to the public Disclaimer: Joshua Wilson is a registered investment banking representative and a licensed real estate broker. The content of this podcast is for informational purposes only and should not be considered...
Guest: Louis Taubman