Tagged: regulation a

March 31, 2020 @ 5:37 pm By JD Alois  |  

Tripoint Global Equities, an early advocate of issuing securities under updated rules for Reg A+, has filed with the Securities and Exchange Commission to shut down its broker-dealer . The information was part of a recently filed Focus report. To quote the document: “On March 13,… Read More

March 27, 2020 @ 2:14 pm By JD Alois  |  

Yesterday, the Securities and Exchange Commission (SEC) announced that it is providing temporary regulatory relief to market participants in response to the effects of COVID-19. The actions involve filings on the EDGAR system as well as certain company filing obligations under Regulation A (Reg A+)… Read More

March 24, 2020 @ 6:12 pm By JD Alois  |  

I don’t know about you but I am already tired of reading/hearing/seeing/dreaming about COVID-19. Social distancing and shelter at home are necessary and vital – especially for cities like New York that has emerged as an epicenter for the virus. Eventually, we will move beyond… Read More

March 8, 2020 @ 9:27 pm By JD Alois  |  

A few years ago, 3D printers seemed to be everywhere. Today, less so, but the technology still holds profound promise in real-world applications. Monogram Orthopaedics is one of them. Currently, when you get a joint replacement or perhaps an update on your hip, surgeons grab… Read More

March 4, 2020 @ 9:11 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has published an update on the progress of Regulation A, commonly referenced as Reg A+. When the JOBS Act of 2012 was signed into law, Regulation A received an update that took a securities exemption from just about zero… Read More

March 4, 2020 @ 4:56 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) proposed meaningful changes to multiple securities exemptions today. The pending rule change came following a closed meeting of the Commission without a public agenda. The proposals may dramatically impact platforms that facilitate online securities offerings and benefit smaller companies… Read More

March 2, 2020 @ 10:59 am By JD Alois  |  

Groundfloor, a real estate crowdfunding platform that leverages the Reg A+ exemption, has reported that during 2019 the investment platform topped $100 million in annual investment volume, as originations doubled, while registered users rose to over 75,000. Without providing exact numbers, Groundfloor said that GAAP… Read More

February 26, 2020 @ 1:36 pm By JD Alois  |  

StartEngine, one of the leading investment crowdfunding platforms in the US, has raised $6.4 million in a Reg A+ self-crowdfunding round with 2 weeks left to go. As of today, 5,440 investors have participated in the offering that values the platform at almost $120 million…. Read More

February 24, 2020 @ 4:33 pm By JD Alois  |  

NowRX continues to raise capital on SeedInvest. The Reg A+ offering now stands at over $5.2 million backed by more than 2500 investors. NowRX now represents one of SeedInvests largest ever crowdfunding rounds. The deal is for preferred equity at a pre-money valuation of $65… Read More

February 20, 2020 @ 8:59 am By Samantha Hurst  |  

KoreConX announced on Thursday the launch of its Regulation A+ all-in-one investment platform, which is providing companies with an all-in-one solution to manage their capital raise.  RegA+, which was notably introduced by the SEC in Title IV of the JOBS Act in 2015, outlines the… Read More

February 17, 2020 @ 1:45 pm By JD Alois  |  

Republic, an investment crowdfunding platform that is an offshoot of AngelList and affiliated with digital asset issuance platform CoinList, is one of the leading sites in the US providing access to equity capital for early-stage firms. It is also democratizing investment opportunities by allowing non-accredited… Read More

February 15, 2020 @ 5:01 pm By Omar Faridi  |  

Blockstack PBC confirmed on January 29, 2020 that it has successfully completed its “Milestone II,” which reportedly unlocked $6.8 million in funding from its token offering (ICO), conducted in 2017. The Blockstack project developers claim they’ve now onboarded 1 million verified users, which is a… Read More

January 25, 2020 @ 1:44 pm By JD Alois  |  

RealtyMogul, a real estate crowdfunding marketplace, has topped $500 million in property investments since platform launch, according to a release. RealtyMogul also states that it has returned over $136 million to investors since 2013. RealtyMogul notes that it raised its first $250 million in invested… Read More

January 20, 2020 @ 4:31 pm By JD Alois  |  

Launched last fall on SeedInvest, NowRx has recently topped $4 million. The Reg A+ offering is said to have secured the spot as “most raised live deal on SeedInvest.” Crowdfund Insider covered the NowRX crowdfunding round last October. At that time, it was reported that… Read More

January 10, 2020 @ 4:01 pm By JD Alois  |  

Knightscope, an autonomous robotics firm that provides “award-winning crime-fighting fully autonomous security robots and offers them on a Machine-as-a-Service (MaaS) business model in the U.S,” is seeking up to $50 million in a Reg A+ offering on StartEngine now. In 2017, Knightscope raised $20+ million… Read More

January 4, 2020 @ 9:16 am By JD Alois  |  

The Securities and Exchange Commission has announced that Longfin Corp. CEO Venkata S. Meenavalli has agreed to pay $400,000 in disgorgement and penalties to resolve the SEC’s fraud action against him. Longfin was a blockchain-focused company that completed a Reg A+ securities offering and quickly… Read More

December 24, 2019 @ 9:15 am By Samantha Hurst  |  

Winc, a modern winery platform, has successfully secured more than $2.2 million through its Tier II Regulation A funding round, which took place on equity crowdfunding platform SeedInvest.  Founded in 2011, Winc describes itself as a modern winery with a direct connection to the consumer,… Read More

December 13, 2019 @ 1:15 pm By JD Alois  |  

This is a first. StartEngine has filed a Form C with the Securities and Exchange Commission (SEC) to raise capital under Reg CF on TrueCrowd – a different crowdfunding platform. Both StartEngine and TrueCrowd are FINRA regulated funding portals. Typically, platforms self-crowdfund instead of listing… Read More

December 12, 2019 @ 10:27 pm By JD Alois  |  

Remember  Turnkey Jet? The first no-action letter recipient for a digital asset, or token, that was deemed not to be a security by the Securities and Exchange Commission. We do, but we have heard little about the company since the news hit. The Turnkey Jet… Read More

December 10, 2019 @ 12:17 pm By JD Alois  |  

DSTLD (or Digital Brands Group), a fashion brand and direct to consumer e-retailer, is preparing to close its Reg A+ investment crowdfunding offer hosted on StartEngine. Once the offer closes, DSTLD appears to be ready to try and list its shares on NASDAQ, according to… Read More