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About the Editors. <p>About the Contributors.</p> <p>Acknowledgments.</p> <p>Introduction (<i>Steven Dresner</i>).</p> <p><b>Part 1. The Business of PIPEs.</b></p> <p>1. Overview: An Emerging Market (<i>Richard E. Gormley</i>).</p> <p>2. The Marketplace: A Statistical Summary (<i>E. Kurt Kim</i>).</p> <p>3. A Historical Perspective: The Bubble, Converts, and the Birth of Structured PIPEs (<i>James F. O'Brien Jr.</i>).</p> <p>4. The Players: Issues, Investors, Agents and Regulators (<i>Steven Dresner and Brett Goetschius</i>).</p> <p><b>Part 2. Regulatory Landscape and Structural Alternatives.</b></p> <p>5. The Law: Legand and Regulatory Framework (<i>James R. Tanenbaum and Anna T. Pinedo</i>).</p> <p>6. Fundamental PIPEs: Typical Structures and Transactions (<i>Eleazer Klein</i>).</p> <p>7. Registered PIPEs: Registered Direct Transactions (<i>Joseph Smith</i>).</p> <p>8. Litigation Strategies: Manageing Litigation Risk and Addressing Other Investor Concerns (<i>Perrie Weiner and Edward Totino</i>).</p> <p><b>Part 3. Deal Flow.</b></p> <p>9. managing Risk: Securities Structures, Trading, and Deal Documentation (<i>Steve Winters</i>).</p> <p>10. Due Deligence and Valuation Policy: Caveat Emptor Squared (<i>Stewart Flink</i>).</p> <p>11. Reverse Mergers and PIPEs: The New Small-Cap IPO (<i>David Feldman</i>).</p> <p>Afterword.</p> <p>Glossary.</p> <p>Index.</p>

<b>Steven Dresner</b> is publisher of <i>The PIPEs Report</i> (www.pipesreport.com), the first publication dedicated to providing news, information, and analysis of private investments in public equity. Formerly, Mr. Dresner was a vice president in the investment banking group at Ladenburg Thalmann & Co., a top-performing placement agent for PIPE transactions as ranked by independent sources. Mr. Dresner was also chairman and chief executive officer of the telecommunications company and software developer VCOM Corporation. In addition to publishing <i>The PIPEs Report,</i> Mr. Dresner is publisher of <i>The Small Cap Report</i> (www.smallcapreport.com), a monthly research publication focused on small- and micro-cap equity analysis and market trends and <i>The Reverse Merger Report,</i> a quarterly focused on the business of shell mergers and SPACs. As president of DealFlow Media, Mr. Dresner also produces one of Wall Street’s largest annual events, The PIPEs Conference.<br /> <br /> <b>E. Kurt Kim</b> is the founder and chief executive officer of PrivateRaise, LLC (www.PrivateRaise.com), the leading research consultancy for comprehensive market intelligence and analysis pertaining to private placements of equity and equity-linked securities executed by public companies. PrivateRaise.com was awarded <i>Forbes'</i>s 2002 Best of the Web designation in the Financial Content Provider category. Mr. Kim has spent the past decade in various advisory and deal-making capacities within the financial-services sector.

"A valuable and comprehensive update on the PIPEs market, with insights from the bankers, lawyers, and buyers. This is <b>an important reference for anyone working with PIPEs.</b>"<br /> —<b>Paul Roth</b><br /> Partner, Schulte Roth & Zabel LLP <p>"<b>A complete guide</b> designed by qualified professionals to help companies, investment professionals, and investors better understand PIPEs as a financial tool."<br /> —Mitch Hull<br /> President, Hull Capital Management, LLC</p> <p>"<b>The PIPE space is made up of so many moving parts, but this book turns it all into a smooth-running machine</b>. Everyone in this business has learned to rely on Steven and Kurt for clarity and understanding."<br /> —<b>Mitch Levine</b><br /> Managing Member, Enable Capital Management</p> <p>"Steve Dresner is the most knowledgeable person in the world of PIPEs.  <b>This PIPEs book is the bible of the industry and the source for anyone seeking straight answers regarding this otherwise complicated subject.</b>"<br /> —<b>Dian Griesel, PhD</b><br /> Founder and Chairman, The Investor Relations Group</p> <p>"The first book to explain the trends in the PIPE industry, <b>this revised and updated edition is essential reading to keep up with the changes and make the best use of this important financing vehicle.</b>"<br /> —<b>Ramnarain Joseph Jaigobind</b><br /> Managing Director, Global Equity Capital Markets, Maxim Group, LLC</p> <p>"The PIPEs market is one of the most dynamic areas of investment banking today. Whether you are an investor or an issuer, banker, or student, this book is a must-read for understanding this increasingly important area of the equity and equity-linked capital markets. <b>I strongly recommend this publication to both market professionals and laypersons interested in the PIPEs market.</b>"<br /> —<b>Kim S. Fennebresque</b><br /> Chairman and CEO, Cowen and Company, LLC</p> <p>"<b>This is a must-read for attorneys, hedge fund managers, investment bankers, traders, and all companies looking to raise capital.</b> This book will become a handy reference to the investment community."<br /> —<b>Ron Nash<br /> </b>Past president and founder, Nash Weiss & Co.</p>

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