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Simple English definitions for legal terms

going private

Read a random definition: ketubah

A quick definition of going private:

Going private refers to the process of changing a company from being publicly traded to privately owned. This is done by terminating the company's status with the Securities and Exchange Commission (SEC) and having its publicly held shares acquired by a single shareholder or a small group. Essentially, it means that the company will no longer be listed on a stock exchange and will not have to disclose financial information to the public.

A more thorough explanation:

Definition: Going private is the process of changing a public corporation into a close corporation. This is done by terminating the corporation's status with the SEC as a publicly held corporation and having its outstanding publicly held shares acquired by a single shareholder or a small group.

Example: A company that is publicly traded on the stock market may decide to go private. This means that the company will no longer be listed on the stock market and its shares will no longer be available for purchase by the general public. Instead, the company's shares will be owned by a single shareholder or a small group of shareholders.

Explanation: Going private allows a company to operate without the scrutiny and regulations that come with being a publicly traded company. It also allows the company's management to focus on long-term goals without the pressure of meeting short-term earnings expectations. However, going private can also limit the company's ability to raise capital and may make it more difficult to sell shares in the future.

going-concern value | going public

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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