Orrick Partners Provide Insights on Direct Listings and Private Company Equity Compensation for Nasdaq Private Market

NPM Resource Center

Orrick partners Andrew Thorpe and Christine McCarthy share their insights in videos produced by Nasdaq Private Market for the launch of their NPM Resource Center. The Resource Center is intended to be a shared library of resources exploring different topics related to private issuers, including primary capital raising, equity compensation and secondary liquidity.

Andrew provides an overview of direct listings and reasons why a company might choose to pursue one.

Christine talks about underwater stock options, extended option programs and the impact of staying private longer on equity compensation programs.