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LSDefine

Simple English definitions for legal terms

going private

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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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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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