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Wilson Sonsini is First Law Firm to Use DFIN’s ActiveDisclosure Concierge Platform to Streamline IPO Process

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2 years ago

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Top IPO law firm praises DFIN’s sophisticated tech and 24/7/365 service

CHICAGO, Sept. 24, 2024 /PRNewswire/ — DFIN (NYSE: DFIN), a leading global risk and compliance solutions company, announced today that Wilson Sonsini, a leading IPO law firm that has represented technology pioneers associated with thousands of milestone innovations, is the first law firm to leverage DFIN’s ActiveDisclosure concierge platform to streamline the IPO process for its client, OneStream, Inc.

The news brings together two leaders in the business of preparing companies for initial public offerings. Wilson Sonsini has advised more U.S. technology companies on their IPOs than any other law firm and was named one of Fast Company’s Top 10 Most Innovative Companies in North America for its forward-thinking approach to improving client service with technology.  DFIN is the global leader for IPO services with 700+ traditional IPOs filed and 350+ SPACs serviced over the last six years, including a majority of PE- and VC-backed IPOs.

Wilson Sonsini utilized ActiveDisclosure’s sophisticated technology and experienced DFIN support team, which includes filing, project management, and layout experts.

“ActiveDisclosure’s enhanced functionality, paired with DFIN’s 24/7/365 premium service, provided a great client and user experience,” said Michael Nordtvedt, Co-Head of Wilson Sonsini’s Capital Markets practice. “We were thrilled to work with DFIN to support the OneStream IPO and anticipate that ActiveDisclosure will continue to significantly boost the efficiency of IPO processes.”

“Wilson Sonsini is a tech-forward law firm that brings a passion for innovation, accuracy, and efficiency to their work,” said Craig Clay, President of Global Capital Markets at DFIN. “We are excited that a law firm with such deep IPO expertise is leveraging ActiveDisclosure, which has been enhanced with the features and functionality that instill the control and trust legal professionals need.”

Here’s How It Works
ActiveDisclosure transforms the IPO registration statement process and addresses some of the biggest pain points for legal firms guiding clients through an IPO. It provides an ecosystem of digital workflows, allowing attorneys to securely share documents for real-time reviews and comments by clients, bankers, auditors, and other stakeholders using ActiveDisclosure’s role-based collaboration features.

Attorneys can also leverage DFIN experts 24/7 to execute work that doesn’t require strategic legal expertise, including managing projects, tracking deadlines, providing project guidance and recommendations, laying out documents, and more. In addition, ActiveDisclosure offers:

Innovative Collaboration Features: Users can make, track, compare, and print change pages only on-demand.The Power to Retain Control of Processes and Documents: This saves time in drafting and editing documents and ensures accuracy by enabling lawyers to focus on high value activities while requesting DFIN for support.In-App Collaboration with DFIN Service Staff:  Users can assign tasks for execution by DFIN experts 24/7/365.

Streamlining the IPO process for clients 
“ActiveDisclosure significantly streamlined our Form S-1 drafting process, boosted efficiency, and enabled close collaboration with our client,” said Victor Nilsson, Wilson Sonsini partner. “The collaboration capabilities and security features saved time and helped us mitigate risks at every step.”

Historically, law firms have drafted and filed the Form S-1 using financial and other information provided by clients — a manual process that typically requires hundreds of hours of work. ActiveDisclosure transforms this process with modern collaboration software, enabling attorneys to spend more time focusing on client legal matters. It saves time in what is inherently a resource-intense, deadline-driven process.

After an IPO, a DFIN team sets up the issuer for successful transition into post-IPO financial reporting and SEC filing. That’s why clients who benefit from ActiveDisclosure during their IPOs are better prepared for post-IPO SEC compliance, including the preparation and filing of Forms 10-Q and 10-K.

About Wilson Sonsini 
For more than 60 years, Wilson Sonsini has offered a broad range of services and legal disciplines focused on serving the principal challenges faced by the management and boards of directors of business enterprises. The firm is nationally recognized as a leading provider to growing and established clients seeking legal counsel to complete sophisticated corporate and technology transactions; manage governance and enterprise-scale matters; assist with intellectual property development, protection, and IP-driven transactions; represent them in contested disputes; and/or advise them on antitrust or other regulatory matters. With deep roots in Silicon Valley, Wilson Sonsini has offices in Austin; Beijing; Boston; Boulder; Brussels; Hong Kong; London; Los Angeles; New York; Palo Alto; Salt Lake City; San Diego; San Francisco; Seattle; Shanghai; Washington, D.C.; and Wilmington, DE. For more information, please visit www.wsgr.com.

About DFIN
DFIN is a leading global provider of innovative software and technology-enabled financial regulatory and compliance solutions. We provide domain expertise, enterprise software and data analytics for every stage of our clients’ business and investment lifecycles. Markets fluctuate, regulations evolve, technology advances, and through it all, DFIN delivers confidence with the right solutions in moments that matter. Learn about DFIN’s end-to-end risk and compliance solutions online at DFINsolutions.com or you can also follow us on X (formerly Twitter) @DFINSolutions or on LinkedIn.

About OneStream
OneStream is how today’s Finance teams can go beyond just reporting on the past and Take Finance Further by steering the business to the future. It’s the leading enterprise finance platform that unifies financial and operational data, embeds AI for better decisions and productivity, and empowers the CFO to become a critical driver of business strategy and execution.  We deliver a comprehensive cloud-based platform to modernize the Office of the CFO. Our Digital Finance Cloud unifies core financial and broader operational data and processes and embeds AI for better planning and forecasting, with an extensible architecture, so customers can adopt and develop new solutions, achieving greater value as their business needs evolve. With over 1,400 customers, including 15% of the Fortune 500, more than 250 go-to-market, implementation, and development partners and approximately 1,400 employees, our vision is to be the operating system for modern finance. To learn more, visit onestream.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/wilson-sonsini-is-first-law-firm-to-use-dfins-activedisclosure-concierge-platform-to-streamline-ipo-process-302257020.html

SOURCE Donnelley Financial LLC

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STEPHEN A. SMITH ADDRESSES WHITE HOUSE DINNER ATTENDANCE, REAFFIRMS COMMITMENT TO HBCUs AND PROTECTING CORPORATE INVESTMENT IN BLACK EDUCATION

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50 minutes ago

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October 24, 2026

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Stephen A. Smith, media mogul, New York Times bestselling author, and proud 1991 graduate of Winston-Salem State University, is addressing the public discussion surrounding his decision to attend a White House dinner with President Donald Trump, emphasizing his commitment to the long-term financial stability of Historically Black Colleges and Universities (HBCUs).

For Smith, the decision was rooted in a commitment to institutions that have educated generations of Black leaders, professionals, entrepreneurs, and public servants.

“I will always advocate for HBCUs and the students whose futures depend on them,” Smith said. “My reason for attending the White House dinner was to discuss the challenges these institutions face in securing long-term funding and to make the case that corporate America must continue to invest in them.”

Smith acknowledged federal support through the FUTURE Act while expressing concern that political tensions surrounding diversity, equity, and inclusion (DEI) could discourage private companies from supporting HBCUs. He maintains that these institutions deserve sustained corporate partnerships, philanthropic contributions, and public investment.

“If we truly believe in free-market capitalism, businesses should be able to support educational institutions and charitable causes without fear of criticism or repercussions,” Smith said. “HBCUs have made extraordinary contributions to this country. They deserve sustained public and private investment.”

Ashley Christopher, Esq., Founder and CEO of the HBCU Week Foundation, recognized Smith’s advocacy and decision to engage with the administration.

“Stephen A. Smith has been a powerful advocate for HBCUs, using his platform and influence to shine a national spotlight on our institutions,” expressed Christopher, “His continued support of HBCU Week helps advance our mission of connecting students with life-changing educational opportunities, and we are proud to have him as our ambassador.”

Since Smith became an HBCU Week Ambassador in 2019, the initiative has facilitated more than 15,000 on-the-spot college acceptances and raised and awarded more than $150 million in scholarships, according to the HBCU Week Foundation.

As public discussion continues, Smith is emphasizing the importance of ensuring HBCUs have the resources and partnerships needed to educate future generations and expand opportunities for students.

CLICK HERE to watch Smith’s full response to his White House visit.

MEDIA CONTACT:

media@mrsasinc.com

View original content:https://www.prnewswire.com/news-releases/stephen-a-smith-addresses-white-house-dinner-attendance-reaffirms-commitment-to-hbcus-and-protecting-corporate-investment-in-black-education-302918547.html

SOURCE Straight Shooter Media

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Advantex Announces Completion of Financing and Extension of Maturity Date of Previously Issued Debentures

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50 minutes ago

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October 24, 2026

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TORONTO, Oct. 23, 2026 /CNW/ — Advantex Marketing International Inc. (CSE: ADX) (“Advantex”), a leader in the merchant cash advance and loyalty marketing products for merchants, today announced the completion of a $250,000 secured debt financing. Advantex issued a $250,000 non-convertible debenture which bears an interest rate at 12% per annum and matures December 15, 2027. The proceeds raised from this issuance of the Debenture will be used for working capital purposes.

Advantex has also extended the maturity of its existing $700,000 in 12% secured debentures from October 10, 2026 to December 15, 2027.

About Advantex Marketing International Inc.

Advantex provides working capital to merchants. Advantex also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants.

Advantex shares trade on the Canadian Securities Exchange under the symbol ADX. For more information go to Advantex’s profile on www.sedar.com

Forward-Looking Information

This news release contains “forward-looking statements” within the meaning of applicable securities laws relating to the future business and operations of Advantex. Actual results and developments may differ materially from those contemplated by these statements. The business and operations of Advantex described herein is dependent on a number of factors and is subject to a number of risks and uncertainties. Factors that could cause actual results to differ material include, but are not limited to, changes in Advantex’s economic and competitive conditions including but not limited to the industry sectors in which Advantex operates.

The statements in this news release are made of the date of this release. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and Advantex undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

SOURCE Advantex Marketing International Inc.

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Club Offers for Travel Enthusiasts in Canada

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2 hours ago

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October 23, 2026

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TORONTO, Oct 23, 2026 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces three of many new Club Offers for Club Members in Canada.

Rigorously vetted and negotiated for us travel enthusiasts:

$799—COSTA RICA WEEK WITH FLIGHTS & CAR
We think fall is an ideal time to visit Costa Rica; the scenery is lush and the crowds are gone. Drive between volcanic Arenal and the idyllic beaches of Tamarindo on this seven-night trip. Since it’s not as busy, we were able to negotiate a price that saves members up to $648 on departures through mid-December.

$899—BARCELONA: 5 NIGHTS WITH FLIGHTS
Explore Barcelona’s world-class museums and architectural masterpieces in the quieter winter months to pack more into your trip. You won’t waste hours in lines and can access top restaurants that are fully booked in summer. We save $300 on travel this January and February, when temperatures are still spring-like. Roundtrip flights from Toronto, hotel and daily breakfast are included.

$999—ST. KITTS GETAWAY FOR 2, REG. $2083
Most visitors to St. Kitts book months in advance, but when we pointed out that travel enthusiasts are more spontaneous, this resort gave us a terrific rate for stays this November and December. Spend four nights in Frigate Bay and get an upgraded Oceanview room, too.

Are you a travel enthusiast? Join the club today: https://travelzoo.com

Who are we?
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travellers. Club Members receive Club Offers negotiated and rigorously vetted by our deal experts around the globe. Our relationships with thousands of top travel companies give us access to irresistible deals. Our club and its benefits are built around the lifestyle of a modern travel enthusiast.

Media Contact: 
Amanda Ieraci – Toronto
+1 437 866 8540
aieraci@travelzoo.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/club-offers-for-travel-enthusiasts-in-canada-302918543.html

SOURCE Travelzoo

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