Press Release

Cooley Plays Market-Leading Role in Surging IPO Markets

June 14, 2013

Teaming with issuers and investment banks across the technology and life sciences industries, Cooley continues its leadership among law firms in supporting clients as they achieve transformational successes through capital markets transactions in the United States.

2013 YTD Highlights:

  • Advisors on one-third of all VC/PE-backed IPOs—12 IPOs in total
  • 15 completed follow-on offerings
  • 3 debt offerings (2 convertible, 1 high-yield)
  • Over $3.2 billion raised

According to IPO Vital Signs, Cooley is the most active IPO issuer's law firm this year to date. Thirty-three VC/PE-backed companies have gone public on the US exchanges since the beginning of the year; Cooley has advised on roughly one-third of those offerings.

In 2013, Cooley has advised on IPOs that collectively have raised $1.2 billion for technology companies including Tableau Software, Cyan Inc., Rally Software and ChannelAdvisor and life sciences companies including Portola Pharmaceuticals, Chimerix, Receptos, Ambit Biosciences, LipoScience and Epizyme.

Additionally, Cooley has represented issuers and underwriters on 15 follow-on offerings, which collectively have raised more than $1.4 billion for leading companies including Onyx Pharmaceuticals, Jazz Pharmaceuticals, Isis Pharmaceuticals and ACADIA Pharmaceuticals.

Cooley has also represented issuers and investment banks on several debt offerings that have raised more than $595 million for leading companies including Brocade Communications Systems, InterMune and OPKO.

Based on the American Lawyer's 2012 Corporate Scorecard, Cooley served as issuer counsel on 40 total US equity offerings, ranking as the most active law firm advising issuers in the country. Cooley was also the third most active law firm advising underwriters on US IPOs.

About Cooley LLP
 
Cooley's 700 attorneys have an entrepreneurial spirit and deep, substantive experience, and are committed to solving clients' most challenging legal matters.  From small clients with big ideas to international clients with diverse legal needs, Cooley has the breadth of legal resources to enable clients of all shapes and sizes to seize opportunities in today's global marketplace. We represent clients across a broad array of dynamic industry sectors, including the financial sector, law firms, media, technology, life sciences, health care, venture capital, clean energy, real estate and retail.

Cooley has full-service offices in eleven major business and technology centers: Boston, MA; Broomfield, CO; Los Angeles, CA; New York, NY; Palo Alto, CA; Reston, VA; San Diego, CA; San Francisco, CA; Seattle, WA; Washington, DC and Shanghai, China.

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