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Important RWI Considerations under the Corporate Transparency Act

JD Supra: Mergers

The Corporate Transparency Act of 2020 took effect on January 1, 2024, adding new filing requirements for many companies that may find themselves involved in mergers and acquisitions. In the below legal update, the Seyfarth RWI Underwriting Counsel team describes the new filing. By: Seyfarth Shaw LLP

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Robinhood acquires credit card startup X1 for $95M

TechCrunch: M&A

X1, which offers an income-based credit card with rewards, raised a total of $62 million in venture-backed funding from investors like Soma Capital, FPV, Craft Ventures and Spark Capital since its 2020 inception. The company announced its most recent raise of $15 million in December, when it also touted a 50% boost in its valuation.

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Representation and Warranty Insurance for M&A Deals: Cooling Market and Emerging Trends

Cooley M&A

As a result of the competition among insurers, we have seen increasingly favorable rates and policy terms for policy purchasers in 2023 and continuing into 2024, as well as carrier expansion into alternative transaction structures and historically harder to underwrite areas, such as healthcare and financial services.

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What are ESG (Environmental, Social, and Governance) Scores?

Peak Frameworks

million tons of CO2 from 2008-2020 through energy efficiency measures. Task Force on Climate-related Financial Disclosures (TCFD): The TCFD provides recommendations for more effective climate-related disclosures that could promote more informed investment, credit, and insurance underwriting decisions.

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Covid-19 Impact on US Private Capital Raising Activity in 2020

InvestmentBank.com

Well, 2020 is finally leaving us. Debt Markets Prior to COVID-19, some analysts and debt underwriters encouraged debt issuers to exercise caution after the tenth straight year of economic expansion [1]. of debt funds raised in the first half of 2020, and arose from after contributing only 19.7%

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The 20 greatest trading innovations

The TRADE

Chief among the catalysts for its growth was the Covid-19 pandemic which began in 2020 and subsequently saw many traditional sell-side institutions reduce their balance sheet and withdraw from the market. It has seen a boom in recent years as institutions have looked to diversify the way that they executed.

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Transforming Adversity into Opportunity: The Need for New Technologies Fuels Insurance M&A

Deal Law Wire

The need for robust online technologies drove a number of large M&A transactions for enterprise technologies in 2020. According to Clyde & Co’s Insurance Growth Report 2021 , in 2020, Insurtech funding hit an all-time high of USD$7.1 Insurtech has the added benefit of generating cost-saving efficiencies.