Welcome to the latest edition of the Fenwick Securities Law Update. This issue contains updates and important reminders on:
- The SEC’s expansion of confidential filing options, including for follow-on offerings
- The SEC’s issuance of updated guidance on the exclusion of shareholder proposals under Rule 14a-8
- The SEC’s publishing of updated Compliance and Disclosure Interpretations (CDI) on Schedules 13D and 13G eligibility in connection with shareholder engagement, Form S-4 and lock-up agreements, and tender offers
- Changes by certain proxy advisors, institutional investors, and banks to their diversity policies and mandates
- Delaware’s proposal of significant amendments to the Delaware General Corporation Law