Clay Heald is a member of Winstead's Corporate, Securities/Mergers & Acquisitions Practice Group. He represents both public and private companies in matters relating to securities regulation, corporate finance and governance, mergers and acquisitions, and other commercial transactions. Clay also has experience advising banks in state and federal regulatory matters.

Representative Experience

Mergers and Acquisitions

• Represented a privately-held marine transportation services company in its acquisition of six high-spec new generation offshore supply vessels from an industry competitor
• Represented a privately-held towing services company in connection with a domestic joint venture that involved a $4 million sale of 25% of its equity interests
• Represented a New Mexico-based mining company in the sale of its subsidiary to a Canadian-based uranium company
• Represented a Texas-based oil exploration and production company in the reorganization of several of its subsidiaries and affiliates
• Represented a sole proprietor in connection with a $2 million purchase of substantially all of the assets of a privately-held automotive repair and classic auto restoration company

Corporate Finance and Securities Matters

• Represented organizers of a de novo bank in connection with a $40 million private placement of common stock to various accredited investors
• Represented organizers of a de novo bank in connection with a $2 million private placement of preferred stock to various accredited investors
• Represents public companies in their compliance and reporting obligations under the Securities Exchange Act of 1934
• Represents public and private companies in connection with private placements of securities under Regulation D of the Securities Act of 1933
• Represents public and private companies in connection with Rule 144A transactions
• Advises corporate insiders under Section 16 of the Securities Exchange Act of 1934 on complex compliance matters
• Advises issuers and stockholders regarding compliance with sales of securities pursuant to Rule 144 promulgated under the Securities Act of 1933
• Advises beneficial owners in connection with compliance and reporting obligations under Sections 13(d) and 13(g) of the Securities Exchange Act of 1934

Commercial Transactions

• Represented public and private equity companies in negotiating diligence and master services agreements related to M&A transactions
• Represented a NASDAQ-listed company in negotiating its procurement contracts with vendors