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NYSE Temporarily Eases Certain Shareholder Approval Requirements as a Result of Coronavirus (COVID-19)

May 19, 2020

On May 14, 2020, the Securities and Exchange Commission (“SEC”) approved changes to the NYSE Listed Company Manual to provide a temporary exception to the shareholder approval rules for certain capital raising transactions as a result of the coronavirus (“COVID-19”) pandemic.
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Mintz Member Matthew Simpson and Associate Bethany Hickey co-authored an article published by Deal Lawyers that serves as a proposed guide for dealmakers drafting purchase and sale agreements in the post–COVID-19 era.