Kevin Prakke is a partner in the firm's Business Section, where he focuses his practice on the areas of corporate and securities law. Mr. Prakke has over 15 years of experience working on business organizations, investment fund formations, venture capital financings, private placements, public offerings, mergers and acquisitions, SEC reporting, corporate governance and private equity transactions. His experience ranges from representing start-up companies in their initial organizations and financings to representing larger companies in mergers and acquisitions, public and private offerings (including PIPE financings), spin-offs, pre-IPO counseling, equity compensation and SEC reporting and compliance matters.
Education
University of North Carolina at Chapel Hill School of Law, J.D.
University of North Carolina at Chapel Hill, B.S., with distinction
Professional Affiliations
American Bar Association
North Carolina Bar Association
-Business Law Section
-Technology and Emerging Growth Companies Committee
Wake County Bar Association
North Carolina State Bar
Awards and Honors
Listed in
Business North Carolina magazine's "Legal Elite"
Publications
"CEO/CFO Certifications under the Sarbanes Oxley Act of 2002," Corporate Governance Crisis Seminar, RTP
"Selecting the Best Entity for Your Business, Conference on Entrepreneurship," Fuqua School of Business
Representations
- Representation of issuers in more than a dozen public offerings raising gross proceeds in excess of $800 million
- Sale of public medical software company to international buyer for $924 million in cash
- Representation of public companies in more than 20 PIPE (private investment public equity) financings raising gross proceeds in excess of $80 million
- Sale of minority interest in privately-held specialty pharmacy company to private equity fund for $20 million through sale of Series A preferred stock.
- Representation of public company in its acquisition of public company target pursuant to prepackaged bankruptcy transaction
- Management and supervision of 1934 Act reporting obligations and Sarbanes-Oxley compliance for numerous public company clients
- Representation of two Canadian-based investment partnerships making PIPE investments in US public companies
- North Carolina counsel to local integrated microsystems company in connection with its acquisition by Nasdaq-listed worldwide leader in optical technology for $750 million in stock pursuant to fairness hearing conducted before the North Carolina Securities Division
- Sale of regional telecommunications company to Nasdaq-listed competitor
- Successful defense by local Nasdaq-listed pharmaceutical company to hostile takeover attempt by public Canadian-based competitor
- Representation of publicly-traded contract research organization in series of strategic private placement investments in their drug development clients
- Delaware reincorporation for leading software developer in preparation for successful completion of IPO netting gross proceeds of $75 million
- Spin-off of "chat" software division of venture-backed internet media company
- Holding company reorganization of Nasdaq-listed medical device company
- Employee option-repricing exchange offer for public e-Learning company
Community Involvement
Cary Chamber of Commerce
Council for Entrepreneurial Development
Lawyer's League Basketball
Leadership Raleigh, Class of 2007
North Carolina Technology Association