COVID-19 Focus on Public Companies

SEC and Financial Reporting

Holland & Knight's Public Companies and Securities Team knows that executives may be faced with reviewing U.S. Securities and Exchange Commission (SEC) guidance on reporting and evaluating how to disclose the financial performance impacts from the virus. This may include information on your companies' suppliers and customers. Our lawyers are available to counsel you through these complex regulations, knowing when your SEC update obligations have been triggered, and address ways to handle material known trends and uncertainties concerning COVID-19 in your company's Management Discussion and Analysis (MD&A) and risk factor disclosure.
Primary Contacts: Bob Grammig and Ira Rosner

SEC-related publications

Non-GAAP and Forward-looking Disclosures

Many companies are wondering when non-GAAP reports should be provided to explain the financial impacts of the virus. Our Corporate Services Team can help you determine what the key considerations are regarding forward-looking information about the virus' likely impact.
Primary Contacts: Bob Grammig and Ira Rosner

Contingency Planning

With the COVID-19 situation evolving on a daily basis, public companies are faced with making rapid decisions in what is usually a very controlled regulatory environment. We can provide counsel on postponing in-person shareholder meetings, understanding SEC disclosure requirements related to the health of executives and/or board members, addressing the inability to obtain governmental related services due to reduced staffing, and dealing with missed regulatory or litigation filing deadlines at the SEC or elsewhere.
Primary Contacts: Sara Begley and Dana Feinstein

M&A and Stock Market Volatility

If your company is concerned about protections from hostile takeover bids during a time of business disruption and stock volatility, contact our Mergers and Acquisitions Team to discuss repricing options, 10b5-1 plans and other issues that may lead to more stability for your business.
Primary Contact: Bob Grammig

Holland & Knight’s multidisciplinary COVID-19 Response Team is available to help clients respond to a variety of business and legal issues they may be facing.

Additional COVID-19 Resources for your Business