Reid A. Godbolt

Shareholder

Summary

Much of Reid's experience over his 37 years with Jones & Keller has been representation of issuers and underwriters in public and private offerings and mergers and acquisitions in several industries including energy, insurance, technology and pooled investment vehicles such as hedge funds, private equity funds, mutual funds and municipal finance.

Reid was selected by his peers as Best Lawyers®, Lawyer of the Year in Securities / Capital Markets - Denver in 2012 and 2017. He has been recognized for several years as a Best Lawyer in America® for securities law, private funds law, and mutual funds law. Reid has also been named Colorado Super Lawyer® in securities and corporate finance law for several years and was recognized in 2015-2017 as a 'Top 100' attorney in Colorado. Reid is a former Chairman of the Securities Law Subsection of the Colorado Bar Association (1991-1992).

Significant Representations

Mergers and Acquisitions

  • Completion of an $810 million public exploration company merger (2017).
  • Completion of a $109 million public oil and gas company merger (2016).
  • Completion of a $90 million public energy company merger (2016).
  • Buyer's counsel in connection with a $4 million public insurance holding company acquisition (2016).
  • Buyer’s counsel in connection with a public insurance holding company acquisition (2015).
  • Buyer's counsel to a $370 million public oil and gas company SEC registered stock merger (2014).
  • Completion of a software company acquisition - $10 million (2014).
  • Completion of a $42 million sale of an oil field services company (2014).
  • Completion of a $268 million oil and gas company SEC registered stock merger (2014).
  • Completion of $1 billion SEC public reporting energy company merger with SEC registered stock and cash (2012).
  • Completion of several acquisitions of life insurance companies as well as completion of registered public stock offerings in connection with the transactions (1995-2015).
  • Completion of sale of field services company (2011).
  • Completion of sale of retail distribution company (2011).
  • Completion of combination of two public oil and gas companies (2011).
  • Completion of management led LBO of a medical practice billing company (2009).
  • Completion of a $110 million merger of a publicly traded oil and gas company and two private companies (2007).
  • Completion of $465 million sale of a publicly traded oil and gas company (2005).
  • Completion of sale of a regional broker-dealer (2005).
  • Completion of $85 million cash acquisition of an insurance company (2004).

Public Offerings of Securities and Private Placements

  • Completion of a $54 million secondary public offering - oil company (2016).
  • Completion of a $5.5 million secondary public offering - oil services company (2016).
  • Completion of a $10.5 million public oil and gas preferred stock offering (2014).
  • Issuer's counsel for $20 million public offering - nutritional supplement company (2012).
  • Issuer's counsel for $154 million public offering of an oil and gas company (2011).
  • Institutional investor's counsel on more than $1 billion of interests in over 125 private equity funds (2003-2017).
  • Purchaser's counsel relating to numerous high technology multimillion dollar venture capital investments (2003-2017), including optical, ebusiness portals, water filtration, electrostatic manufacturing equipment, wireless video networking, data online management, advanced broadband wireless access, medical instrumentation, electronic design construction software, and radio frequency identification development.
  • Issuer's counsel for $31 million public offering of an oil and gas company (2009).
  • Issuer's counsel for $34.5 million PIPE - oil and gas company (2008).
  • Issuer's counsel for numerous hedge funds and private equity funds (1995-2017).
  • Issuer's counsel for $30 million in private placements of common stock of a bank holding company (2004-2007).
  • Issuer's counsel for $20 million in PIPE transactions (2004-2005).

Publications

  • Co-Author, "Negotiating and Drafting Acquisition Agreements in Colorado," National Business Institute, January 2004.
  • Co-Author, "Mergers and Acquisitions in Colorado: The Art of Doing Deals," NBI, Inc., 2000.

Internal Investigations

  • Led internal investigations by boards of directors of public companies (2004-2015).
  • Led internal investigation on behalf of Audit Committee of Fortune 500 company.

Honors/Distinctions

  • Best Lawyers®, Lawyer of the Year, Securities Regulation (2018, Denver).
  • Martindale-Hubbell, AV Preeminent Attorney for Ethics and Legal Ability (over 25 years).
  • Best Lawyers®, Lawyer of the Year, Securities/Capital Markets Law (2012 and 2017, Denver).
  • Best Lawyers® - Mutual Funds Law (2006-2017).
  • Best Lawyers® - Private Funds/Hedge Funds Law (2006-2017).
  • Best Lawyers® - Securities/Capital Markets Law (2006-2017).
  • Best Lawyers® - Securities Regulation (2011-2017).
  • Top 100 Colorado Super Lawyers (2012, 2015-2017).
  • 5280 Magazine - Top Lawyers (2014-2017).
  • Colorado Super Lawyers - Securities & Corporate (2006-2017).
  • Colorado Super Lawyers, Business Edition - Securities & Corporate (2011-2017).

Presentations/Papers

  • Presenter - "Understanding Employee Incentives and Perks" - Colorado Business Law Institute - September 15, 2016.
  • Presenter – “Recent Developments in Public and Private Offerings of Securities – SEC Regulation A and Reg D” - Colorado Business Law Institute CLE Event, October 28, 2015.
  • "Update on Dodd Frank Mandates" - 48th Annual Rocky Mountain Securities Conference - May 6, 2016.
  • Presenter and Panel Chairman (Moderator) – “Reg D and Crowdfunding”, 47th Annual Rocky Mountain Securities Conference, May 7, 2015.
  • Presenter and Panel Chairman (Moderator) – “Corporation Finance Update”, 46th Annual Rocky Mountain Securities Conference, May 9, 2014.
  • Presenter and Panel Chairman – “The SEC and General Solicitation Funding: A Brave New World", Colorado Business Law Institute CLE Event, October 29, 2014.
  • Presenter and Panel Chairman (Moderator) – “JOBS Act - Emerging Growth Company Financing, Reg D, General Solicitation and Crowdfunding”, 45th Annual Rocky Mountain Securities Conference, May 10, 2013.
  • Presenter and Panel Chairman – “Capital Formation - Recent Developments - Federal Securities Law", Colorado Business Law Institute CLE Event, October 17, 2013.
  • Presenter and Panel Chairman - "Small Company Capitalization," 44th Annual Rocky Mountain Securities Conference, May 2012.
  • Presenter and Panel Member - "Recent Developments in Corporate Finance," 43rd and 42nd Annual Rocky Mountain Securities Conference, May 2011 and 2010.
  • Presenter - "Dodd-Frank Act - Securities Law Aspects," 20th Annual GHP SEC Reporting Conference, October 2010.
  • Presenter - "Capital Raising", 41st Annual Rocky Mountain Securities Conference, May, 2009.
  • Presenter - Mergers & Acquisitions: What You Need to Know, Denver Business Journal, February, 2016.
  • Presenter - Next Steps for Business Owners Panel Discussion, Denver Business Journal, October 20, 2016.
  • "New SEC Executive Compensation and Related-Party Disclosure," 16th Annual GHP SEC Reporting Conference, October 2006.
  • Presenter - "Staying Atop the 8-K Tightrope - The Modern Highwire Act for SEC Reporting Companies," 37th Annual Rocky Mountain Securities Conference, May 2005.
  • "Practical Suggestions for Audit Committee Members," 15th Annual GHP SEC Reporting Conference, October 2005.
  • "Sarbanes-Oxley Act," 14th Annual GHP SEC Reporting Conference, October 2004.

Admitted to Practice Before

Colorado

Professional and Community Affiliations

  • Member - Archdiocese of Denver Finance Council (2008-present); Chairman of Compensation Committee (2012-present).
  • Colorado Bar Association (Chairman, Securities Law Subsection, 1992; Member, Council of Corporations, Banking and Business Law Section, 1993-94).
  • Denver Bar Association.