Glossary

David Weild IV

David Weild IV is known as the "Father of the JOBS Act," and a former vice chairman of NASDAQ. He is an influential figure in the financial industry, recognized for his advocacy for changes in U.S. securities laws to help improve access to capital for emerging companies.

Debt

In finance, debt refers to an amount of money borrowed by one party from another. Debt is used by many corporations and governments to finance major projects and operations. The terms of the debt, including the due date, interest rate, and repayment terms, are typically agreed upon by both parties before the money is lent.

Dr. Kiran Garimella

Dr. Kiran Garimella is a noted expert in the fields of AI, data science, and lean processes, known for integrating these disciplines in innovative ways to enhance business efficiency and transformation.

Debenture

A debenture is a type of debt instrument that is not secured by physical assets or collateral. Issued under the company's credit status, debentures often carry a higher risk compared to secured loans but offer higher returns. They rely on the creditworthiness and reputation of the issuer.

Distribution

In finance, distribution refers to the payment of dividends or interest to shareholders and bondholders. Additionally, it can describe the allocation of assets, income, or initial public offerings to various types of investments or investor accounts.

Dividend

A dividend is a portion of a company's earnings that is paid to shareholders at regular intervals. It's a way for companies to redistribute their profits back to investors as a reward for their investment and trust in the company.

Douglas Ellenoff

Douglas Ellenoff is a prominent attorney and partner at Ellenoff Grossman & Schole LLP. He is widely recognized for his significant contributions to the crowdfunding industry and securities law, particularly in the areas of regulatory compliance and innovative financial strategies.

Due Diligence

Due diligence is a comprehensive appraisal of a business undertaken by a prospective buyer, especially to establish its assets and liabilities and evaluate its commercial potential. In private capital markets, this often involves detailed financial, legal, and operational evaluation before a transaction or investment.

During-Raise

During-Raise refers to the period in a fundraising campaign when capital is actively being solicited and collected from investors. This phase is critical as it involves engaging with potential investors, communicating the value proposition of the investment, and ensuring compliance with applicable regulations.

Drag Along

A drag along right enables a majority shareholder to force a minority shareholder to join in the sale of a company. This right ensures that if the majority shareholder sells their stake, the minority shareholders are compelled to sell their stakes under similar terms.

Data Room

Data Room (often virtual) is a secure space used during financial transactions to store, share, and manage documents and data. It's crucial in due diligence processes, mergers, and acquisitions.

Disclosures

Disclosures refer to the act of making key information about a company’s financial and operational status available to investors. Proper disclosures are critical for transparency and are governed by regulatory bodies to protect investors’ interests.

DealRoom

A DealRoom is an online data room used primarily in financial transactions where multiple parties need to review confidential and sensitive documents. It is typically used during mergers and acquisitions, providing secure document storage and management functionalities to streamline the due diligence process.

Digital Assets

Digital assets are digital representations of value that are traded and stored electronically. These include cryptocurrencies, tokens, and other types of digital rights and assets. Digital assets can represent assets as diverse as virtual real estate, stocks, or a record of ownership such as NFTs.

Digital Securities

Digital securities are investment assets that exist and are recorded on a blockchain or digital ledger, which certifies ownership and guarantees the securities' integrity. They are an evolution of traditional securities, like stocks and bonds, leveraging technology to enhance liquidity and transparency.

Domicile

Domicile refers to the country under whose laws an entity is incorporated or registered. It is important for tax and legal purposes, as it determines the jurisdiction governing the entity.

D&O Insurance

Directors and Officers (D&O) Insurance is liability insurance payable to the directors and officers of a company, or to the organization(s) itself, as indemnification for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for alleged wrongful acts in their capacity as directors and officers.