Tagged: regulation a

October 16, 2019 @ 8:42 pm By Cali Haan  |  

FAT Brands (NASDAQ:FAT), the parent company of restaurant chains Fatburger, Bonanza Steakhouse, Ponderosa Steakhouse, Buffalo’s Cafe, Elevation Burger and Hurricane Grill & Wings, reportedly plans to sell $30 million USD in bonds tokenized on the Ethereum blockchain network. According to Asset-Backed Alert, FAT Brands is… Read More

October 7, 2019 @ 12:47 pm By JD Alois  |  

NowRx, an on-demand pharmacy that provides same-day delivery, is returning to SeedInvest for its 3rd crowdfunded offering. NowRx is seeking up to $20 million on a pre-money valuation of $65 million. Like many of the offerings on SeedInvest, investors get preferred equity in the Series… Read More

October 4, 2019 @ 1:52 pm By JD Alois  |  

Republic launched its Note token earlier this year. In July, Republic shared that over 3 million of the digital assets have been distributed since it was revealed. This week, Republic revealed more “rewards” affiliated with Note as well as more ways to earn the token…. Read More

September 30, 2019 @ 3:58 pm By JD Alois  |  

On September 26, 2019, Judge Denise L. Cote of the U.S. District Court for the Southern District of New York entered a default judgment against Longfin and former CEO Venkata S. Meenavalli ordering a total of $3,532,235 in disgorgement of all proceeds raised in Longfin’s… Read More

September 26, 2019 @ 6:19 pm By JD Alois  |  

Fig Reports Majority of Released Games are Profitable Fig, a unique investment platform that was “created for gamers, by gamers,” has announced a new offering “Fig Portfolio Shares.” Fig will now provide access to investors to a basket of securities from games funded by Fig… Read More

September 21, 2019 @ 4:21 pm By JD Alois  |  

Real estate investment platform Rich Uncles (BrixInvest LLC) was hit with a lawsuit this past week filed in the Superior Court of the State of California in Los Angeles. Rich Uncles uses non-listed REITs, typically using the Reg A+ securities exemption, to enable investors to… Read More

September 10, 2019 @ 9:49 pm By JD Alois  |  

Blockstack, the first token issuer to have a Form 1-A approved by the Securities and Exchange Commission (SEC) has raised $23 million in their offering which included funds raised under Reg S for international investors. The final tally was revealed by Blockstack in a blog… Read More

August 27, 2019 @ 6:00 pm By JD Alois  |  

Assurely is a unique Insurtech platform that is first targeting online capital formation platforms to provide a new level of confidence for the issuance of securities be they traditional or digital. The company was co-founded by two established entrepreneurs, CEO David Carpentier and Chief Insurance… Read More

August 20, 2019 @ 12:30 pm By Dror Futter  |  

Recently we marked the second anniversary of the SEC’s issuance of an Investigative Report finding that the DAO Tokens were securities.   While this killed the hopes of those who had interpreted SEC silence to mean consent to the unregulated issuance of tokens, it still… Read More

July 24, 2019 @ 3:43 pm By JD Alois  |  

HotelierCo, a new entrant in the property crowdfunding space, says its first offering for a boutique luxury hotel in West Cape May, New Jersey: The Ewing Hotel. This niche online investment platform is using Reg A+ to raise capital from both accredited and non-accredited investors. According… Read More

July 22, 2019 @ 3:41 pm By JD Alois  |  

Blockstack has kicked off the first qualified Reg A+ token offering. Blockstack has reportedly worked closely with the Securities and Exchange Commission (SEC) to get the offering approved. Multiple issuers have been attempting to use the JOBS Act exemption to facilitate security token offerings due… Read More

July 17, 2019 @ 10:29 pm By JD Alois  |  

Legion M, a fan-owned film company, has re-opened its Reg A+ offering for round number 5 of crowdfunding. The offer is now live on Wefunder. To date, Legion M reports that it has raised over $7 million via equity crowdfunding, backed by 16,000 fan-investors to… Read More

July 11, 2019 @ 5:57 pm By JD Alois  |  

Props Project (or YouNow Inc.) is now the second Reg A+ token issuer to be qualified by the Securities and Exchange Commission (SEC). Yesterday it was announced that Blockstack became the first token offering to be blessed by the SEC. Today we have a second…. Read More

July 11, 2019 @ 2:23 pm By JD Alois  |  

Crowdfunding on VidAngel Studios now, the Chosen is claiming the title as the number one media project ever to be crowdfunded. Back in 2018, Chosen raised $9.99 million using Reg A+. Today, using Reg CF, the Chosen is in the process of seeking a total… Read More

July 10, 2019 @ 7:32 pm By JD Alois  |  

Blockstack has become the first token issuer to have a Reg A+ offering qualified by the Securities and Exchange Commission (SEC). The event may break open a longstanding logjam of digital asset filings which have been in limbo at the SEC. In a blog post,… Read More

July 9, 2019 @ 4:03 pm By JD Alois  |  

Blockstack, the token issuer that has been widely predicted to be the first Reg A+ offering to be approved by the Securities and Exchange Commission (SEC), has updated its Offering Circular filed with the Commission. CoinList is running the back end on the offering for… Read More

June 20, 2019 @ 5:26 pm By JD Alois  |  

Republic, a crowdfunding and digital asset platform, launched one of the most interesting crypto offerings back in April. Republic announced the launch of Note digital tokens as a path to reward platform users who are engaged with their capital formation community. In just a few… Read More

June 20, 2019 @ 1:56 am By JD Alois  |  

BrewDog USA has filed a new Form 1-A indicating its intent to raise capital via Reg A+. According to the Offering Circular, BrewDog is seeking to raise up to $39 million at a price of $60 per share. BrewDog USA is majority owned by BrewDog… Read More

June 12, 2019 @ 11:57 am By JD Alois  |  

Banq, a digital platform that is part of investment bank Tripoint Global, is raising capital for Helbiz in advance of a planned initial public offering (IPO) on Nasdaq. Simultaneously, the shares are expected to list and trade on AIM Italia in what is being described… Read More

June 10, 2019 @ 6:02 pm By JD Alois  |  

StartEngine, one of the larger investment crowdfunding platforms in the US, continues to push forward with its self-crowdfunding campaign has now raised approximately $825,000 from 699 investors. StartEngine is seeking from $500,000 to $9 million under Reg A+ at a pre-money valuation of $119 million…. Read More