The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu The leading online blog in the fields of corporate governance and financial regulation. Fri, 01 May 2026 11:32:38 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.8 https://corpgov.law.harvard.edu/wp-content/uploads/2024/02/cropped-photography-4-e1706898544564-1-32x32.png SEC Permits Accelerated Offering Period for Certain Tender Offers – The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu 32 32 SEC Permits Accelerated Offering Period for Certain Tender Offers https://corpgov.law.harvard.edu/2026/04/29/sec-permits-accelerated-offering-period-for-certain-tender-offers/?utm_source=rss&utm_medium=rss&utm_campaign=sec-permits-accelerated-offering-period-for-certain-tender-offers https://corpgov.law.harvard.edu/2026/04/29/sec-permits-accelerated-offering-period-for-certain-tender-offers/#respond Wed, 29 Apr 2026 11:31:16 +0000 https://corpgov.law.harvard.edu/?p=180651?d=20260429100704EDT Posted by Doug Schnell, Remi Korenblit, and Tamara Brightwell, Wilson Sonsini Goodrich & Rosati, on Wednesday, April 29, 2026
Editor's Note:

Doug Schnell, Remi Korenblit, and Tamara Brightwell are Partners at Wilson Sonsini Goodrich & Rosati. This post is based on a Wilson Sonsini memorandum by Mr. Schnell, Mr. Korenblit, Ms. Brightwell, Rob Ishii, and Michael Anthony.

On April 16, 2026, the Division of Corporation Finance (the Division) of the Securities and Exchange Commission, acting under delegated authority, issued an Exemptive Order (the Order) providing flexibility to shorten the minimum offering period for certain types of equity tender offers from 20 business days to 10 business days. The Order is intended to reflect technological advancements and address market inefficiencies in eligible transactions. The shortened offering period has the potential to compress sign-to-close timelines for well-organized friendly deals, and to accelerate the closing of some self-tender offers by public and private companies.

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