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There are 7 articles related to Delaware Flip
Setting the Exercise Price: HMRC versus Section 409A Valuations
Understanding how HMRC-agreed valuations and U.S. 409A valuations differ can help companies set appropriate exercise prices and manage tax risks on both sides of the Atlantic.
Building the Equity Incentive Framework in the U.S. Post Delaware Flip
Following a Delaware flip, founders need to consider how the new U.S. parent company will use equity to attract and retain talent across borders. That means choosing a plan structure that supports the company’s hiring ambitions while accommodating the different tax and legal requirements applicable to its workforce. This article explores the available approaches, from adopting a U.S.-style plan with UK arrangements to retaining a UK-focused scheme, and explains the principal types of U.S. stock options.
Equity Isn’t Equal: How Stock Options Work Differently After a Delaware Flip
An option over UK company shares does not automatically become an option over TopCo shares when the shareholders exchange their shares. Depending on the plan terms, tax objectives and transaction mechanics, options may be assumed or exchanged by TopCo, exercised before the flip, cashed out or canceled and regranted.
Beyond the Flip: Data Protection Considerations for U.S. Expansion
When considering a U.S. flip, data protection issues may not always be the top of a company’s list of concerns, but differences between U.S. data protection laws and those found in the UK and EU do create potential, material pitfalls for those looking to transfer personal data across the Atlantic and/or collect data in the United States.
Built for Delaware: What U.S. Venture Capital Investors Really Expect from Your Company Structure
For non-U.S. founders looking to raise capital from U.S. venture funds, one piece of advice comes up repeatedly: If you want U.S. venture capital, be prepared to restructure as a Delaware C corporation. The preference for Delaware is real, but it is not simply because venture capitalists or their lawyers like Delaware.
Money Moves Matter: Financing Your U.S. Expansion Without Slowing Your Growth
Expanding into the United States is an exciting milestone for any growing company, but forming the U.S. entity is usually the easy part. The harder—and more consequential—work is designing the financial structure that supports the group structure and governs how money moves around it.
Understanding the Delaware Flip: What UK Founders Should Know
A “Delaware Flip” is a restructuring whereby a UK (or other non-U.S.) company incorporates a new U.S. parent—typically in Delaware—and executes a share-for-share exchange, with each shareholder of the UK company receiving equivalent shares in the new U.S. holding company.