April 12, 2018 @ 4:37 pm By JD Alois  |  

SEC Commissioners Michael S. Piwowar and Hester M. Peirce have delivered a letter to Chairman Michael Crapo of the Senate Committee on Banking and Chairman Jeb Hensarling of the House Financial Services Committee pertaining to a legislative push to increase the cap on Reg A+… Read More

April 9, 2018 @ 10:41 am By JD Alois  |  

In the Fall of 2017, the US Department of Treasury published a document entitled, “A Financial System That Creates Economic Opportunities – Capital Markets.” This comprehensive overview of the current regulatory environment regarding capital formation is probably the best publication I have ever seen produced… Read More

April 2, 2018 @ 6:00 am By Andy Bromberg, Georgia Quinn & Regan Bozman  |  

  To date, fundraising has been blockchain’s killer app. In 2017, Initial Coin Offering (ICO) fundraising eclipsed that of traditional venture capital, and in 2018, ICOs have already raised nearly $3 billion in non-dilutive funding. This new form of early-stage financing is incredibly promising, at… Read More

March 30, 2018 @ 12:48 pm By JD Alois  |  

StartEngine, one of the largest investment crowdfunding platforms in the US, has now topped $4 million in their self-crowdfunding campaign. The online capital formation platform announced their Reg A+ securities offering went live last October. Using a pre-money valuation of $65 million, StartEngine is seeking… Read More

March 27, 2018 @ 10:55 am By JD Alois  |  

Muscle Maker Grill has filed a post qualification offering circular with the Securities and Exchange Commission (SEC) indicating its intent to list on OTCQX Marketplace under the symbol of MMB after the Reg A+ crowdfunding round closes. This is a change from previous communications where… Read More

March 25, 2018 @ 10:19 pm By JD Alois  |  

Fashion shop DSTLD closed its second crowdfunding round on SeedInvest this past weekend. According to the campaign page, DSTLD raised $3.1 million from 1783 investors. Pre-money valuation was pegged at $30 million. Individual investors received preferred equity if they decided to back the direct to… Read More

March 15, 2018 @ 6:46 pm By JD Alois  |  

The US House of Representatives has passed legislation that will increase the Reg A+ cap to $75 million from the current $50 million amount. Reg A+ is the creation of the JOBS Act of 2012 and one of three securities crowdfunding exemptions which have been… Read More

March 11, 2018 @ 11:00 pm By JD Alois  |  

CERES Coin has filed a Form D with the Securities and Exchange Commission (SEC) indicating its intent to raise up to $20 million to launch a “Blockchain based transaction network for the legal Cannabis industry.” Ceres’ initial coin offering (ICO) seeks to provide a solution… Read More

March 4, 2018 @ 6:35 pm By JD Alois  |  

    The very first initial coin offering (ICO) took place in June of 2013 when Mastercoin raised around $5 million in Bitcoin. That was the same year that Title II of the JOBS Act launched allowing general solicitation (SEC lingo for advertising) under Regulation… Read More

March 1, 2018 @ 1:24 pm By JD Alois  |  

Knowbella Tech LLC, a “scientific ecosystem powered by the Helix token,” has announced its intent to use Reg A+ for its initial coin offering (ICO) raising up to $50 million under Tier II of the exemption. As the SEC has clamped down on issuers not… Read More

February 28, 2018 @ 4:52 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed charges against Steven J. Muehler, his wife Claudia M. Muehler, his associate Koorosh “Danny” Rahimi and and three companies under control. The SEC enforcement action alleges operating an unregistered broker dealer, facilitating unregistered securities, defrauding small businesses while promising… Read More

February 25, 2018 @ 7:22 am By JD Alois  |  

Earlier this year, Amit Singh, an attorney and shareholder in the west coast law firm of Stradling, compiled data for Reg CF and Reg A+ issuers for 2017. These two securities exemptions represent two of the three rules that enable crowdfunding in the US and… Read More

February 22, 2018 @ 6:20 pm By JD Alois  |  

BrewDog, the UK based craft brewer that wrote the book on independent crowdfunding campaigns with their Equity for Punks project, is prepping for a new Reg A+ crowdfunding offer in the US. This follows last years security offer when the US subsidiary of BrewDog filed… Read More

February 14, 2018 @ 12:15 pm By JD Alois  |  

Bitzumi, a digital content and asset platform that expects to allow users to transact cryptocurrency and blockchain marketplace, has launched a Reg A+ crowdfunding round today. By using the Reg A+ securities exemption, any investor may participate in the funding round. Bitzumi is co-founded by… Read More

January 28, 2018 @ 3:41 pm By JD Alois  |  

This past week, True Leaf Medicine International Ltd. (CSE: MJ) (FSE: TLA) (OTCQB: TRLFF), announced it had closed on CDN $14 million in a cross border crowdfunding offer that saw participants by investors in both the US and Canada. True Leaf raised CND $10 million… Read More

January 25, 2018 @ 10:46 pm By JD Alois  |  

High Times, or the company that owns the eponymous High Times Magazine, the Hightimes Holding Corp. (THC), has filed do do a Reg A+ offering that seeks to raise up to $50 million in the sale of common stock at a price of $11 per… Read More

January 18, 2018 @ 4:39 pm By JD Alois  |  

Worthy Peer Capital, a subsidiary of Worthy Finance, has received regulatory approval to raise funding under Reg A+. The crowdfunding round will be used to bring a new liquid peer-debt product to the entire investing ecosystem. Everyone knows that rates on Money Market accounts suck. But… Read More

January 16, 2018 @ 9:00 am By JD Alois  |  

Joy Schoffler, a well known persona in the investment crowdfunding world, has joined private equity group Casoro Capital as Chief Strategy Officer. Schoffler founded and managed Leverage PR, a marketing firm that worked with many crowdfunding platforms, Fintechs and funding campaigns. In early 2017 after… Read More

January 11, 2018 @ 10:19 am By JD Alois  |  

  Recording star Drake has partnered with Brent Hocking, a successful veteran from the spirits industry, to create Virginia Black, an aged Bourbon whiskey. The company is looking to raise $30 million and the founders have decided to leverage the Reg A+ crowdfunding exemption thus… Read More

January 10, 2018 @ 10:46 am By JD Alois  |  

Punch TV, perhaps the first potential issuer to attempt to raise capital using updated rules under Reg A+, has had its offer suspended by the Securities and Exchange Commission (SEC). The administrative proceeding by the SEC follows an “Offer of Settlement” by Punch TV that… Read More