Tagged: regulation a

Fundrise Updates on Ongoing Reg A+ Offering: 4.4 Million Shares Sold so Far

Fundrise, an online real estate investment platform, has filed an updated Form 1-A with the Securities and Exchange Commission that provides insight into their ongoing share offering. Fundrise commenced a securities offering for “Rise Companies Corp.” back at the beginning of 2017. When first revealed,… Read More

High Times Gets Crypto Buzz in Reg A+ Crowdfunding Offer & Possible NASDAQ Listing

High Times, the inimitable marijuana magazine, is in the midst of a Regulation A+ crowdfunding round. CI first covered the offering when the media firm first issued its first Form 1-A with the Securities and Exchange Commission (SEC). The offering documents have since been qualified… Read More

Fixing the JOBS Act Beyond JOBS Act 3.0: Follow the Money

  Often repeated, but not always followed, is the advice: follow the money. Sometimes basic problems – and their solutions – are more readily understood (and solved) with this simple mantra. Effective capital markets are no exception. They demand faithful adherence to this principle. Lose… Read More

Tulsa Real Estate Fund Secures More Than $10 Million Through African-American Owned Regulation A+ Tier II Funding Round

Atlanta-based real estate investor, Jay Morrison, announced last week the initial public offering (IPO) of the Tulsa Real Estate Fund, which is claimed to be the first African-American owned Regulation A+ Tier II crowdfund designed to revitalize urban communities across the U.S., secured more than… Read More

Reg A+ 2.0: Tripoint Global – Banq will Offer Security Tokens

Tripoint Global, a boutique investment bank based in Manhattan, and its online capital formation platform Banq – have been leaders in the Reg A+ crowdfunding space since the beginning. When the  rules were quite new, Mark Elenowitz, CEO of Tripoint, was quick to recognize the potential… Read More

RealtyMogul Files New Reg A+ for Blind Pool REIT

It appears that RealtyMogul, an online real estate investment platform, is preparing a new fund for investors. According to a filing with the Securities and Exchange Commission, RealtyMogul is looking to offer a new “blind pool” REIT under Reg A+. The offering is seeking up… Read More

Game Crowdfunding Platform Fig Adds PayPal as Payment Option

Game crowdfunding platform Fig adds the most requested crowdfunding payment feature – PayPal. PayPal allows backers to pay for items using their credit cards, bank accounts, and stored balances, without having to share their financial information with merchants, and is a particularly desired payment method for… Read More

StartEngine Hits $5 Million Crowdfunding Goal, Announces $10 Million Initial Coin Offering

StartEngine, a leading investment crowdfunding platform in the US, has just closed its self-crowdfunding round hitting its goal of $5 million backed by 3400+ investors. The Reg A+ offer was first filed in September of 2017 as the platform sought to raise growth capital. In… Read More

Fat Cats Dropped Over Wall Street as Brew Dog Returns to USA Crowdfunding Round

Brew Dog, one of the most successful investment crowdfunding offerings of all time, has returned to the US for its second go at a Reg A+ securities offering. CI caught wind of the second round earlier this year due to a public filing posted on… Read More

SEC Regulation A+, ICOs and Small Business Capital Formation: For Whom the Bells Toll?

  If the Wall Street Journal is any indicator, so called Regulation A+ offerings, which sprung to life in June 2015, courtesy of Title IV of the Jumpstart Our Business Startups Act of 2012 (the JOBS Act) and SEC rulemaking,  are (or should be) all… Read More

OTC Markets Welcomes Expansion of Reg A+ Exemption to Reporting Companies

Buried within the “Economic Growth, Regulatory Relief and Consumer Protection Act” that was signed into law last week, was an expansion of Regulation A or Reg + that it is popularly called. The securities exemption is now available to not just private companies but also… Read More

Fundrise Filing Updates on Equity eREIT Progress

Fundrise, an online real estate investment platform, has just filed a Reg A+ update with the Securities and Exchange Commission that updates on their equity eREIT offering. Several years old now, the eREIT offering circular indicates the company has sold approximately $73 million in shares… Read More

Fundrise SEC Filing Provides Insight into For Sale Housing eFunds

Two recent filings with the Securities and Exchange Commission (SEC) have provided some insight into the progress of Fundrise’s eFunds. Last year, Fundrise launched two eFunds – both targeting “For Sale Housing” in two different markets: Washington, DC and Los Angeles. These new funds were… Read More

Legion M Returns to Wefunder with New Crowdfunding Campaign

LegionM has filed a new Form C with the Securities and Exchange Commission indicating its intent to launch a new crowdfunding campaign to raise additional funding.  LegionM was the second project to leverage Reg CF to hit the $1 million funding cap (since raised to $1.07M) LegionM… Read More

Prometheum Files Reg A+ for ICO, Claims they have “Cracked the Code” as to How to Accomplish

Most securities initial coin offerings (ICOs) are being filed under Reg D 506c in the US. This enables an issuer to sell securities to accredited investors. Reg A+, an updated securities exemption, enables issuers to offer securities to both accredited and non-accredited investors. Reg A+… Read More

SeedInvest’s Biggest Raise: Knightscope Crowdfunds $20 Million

In 2017, Knightscope, a robotics firm, raised $20 million on equity crowdfunding platform SeedInvest – their largest crowdfunding round to date.  Knightscope raised capital using Reg A+, an upated securities exemption that allows companies to raise up to $50 million from both accredited and non-accredited individuals…. Read More

Crypto Related Company Longfin “Voluntarily” Delists from NASDAQ as SEC Receives Continuing Freeze of $27 Million in Company Assets

Longfin Corp. has announced its intent to “voluntarily” delist from the NASDAQ. The move comes as an ongoing enforcement action by the Securities and Exchange Commission saw allegations of illegal distributions and sales of restricted shares. Longfin raised capital using the Reg A+ crowdfunding exemption… Read More

Longfin Receives Reprieve from SEC Temporary Asset Freeze

Longfin Corp. (NASDAQ:LFIN), is reporting that Judge Denise L. Cote has vacated the Temporary Restraining Order (TRO) that froze the assets of the company. The Securities and Exchange Commission (SEC) obtained a court order freezing more than $27 million in trading proceeds from allegedly illegal… Read More

Commissioners Peirce and Piwowar Dissent with Majority Regarding Reg A+ Cap Increase

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

Last Year the US Department of Treasury Published a Roadmap to Create More Economic Opportunity Including Crowdfunding, So What Has Been Accomplished So Far?

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