Erich Spangenberg, CEO and co-founder of IPwe, is trying to give a technology-driven makeover to the $200 billion patent licensing and acquisition market. Spangenberg talks with Dori Goldstein and Meg McEvoy about leaving behind his patent troll past to create IPwe, a platform that connects transacting parties and provides AI-driven analytics on patent transactions. IPwe is aiming to bring in data from the world’s approximately 200 patent offices and create transparency around the pricing of patent licensing and sale transactions.
Just before Thanksgiving, on November 26, 2019, the New York Stock Exchange proposed a new way for companies that are currently private to trade their shares on the exchange. The proposed rule change would allow companies to conduct a “primary direct floor listing” and sell shares on its own behalf upon the effectiveness of a registration statement without a traditional underwritten public offering. Companies utilizing this new listing would sell shares in the opening auction on the first day of trading on the exchange.