Tagged: regulation a

March 16, 2019 @ 11:23 am By JD Alois  |  

StartEngine, a leading full-stack crowdfunding platform is in the first full week of a self crowdfunding round using Reg A+. StartEngine previously raised $5 million in 2018 using Reg A+. The offer seeks up to $9,000,000 from the sale of Common Stock and $1,000,000 from… Read More

February 7, 2019 @ 5:11 pm By JD Alois  |  

StreetShares, an online small business lender, has filed a Form 1-A with the Securities and Exchange Commission (SEC). By using Regulation A, or Reg A+, StreetShares may raise up to $50 million from both accredited and non-accredited investors. Reg A+ has been described as a… Read More

January 31, 2019 @ 8:52 pm By Scott Andersen  |  

On January 22, 2019, the Financial Industry Regulatory Authority (FINRA) released its examination priorities for 2019.  At the top of the list was online funding platform compliance with the securities laws. With an uptick in the offer and sale of securities offerings online with Rule… Read More

January 28, 2019 @ 10:46 pm By JD Alois  |  

AW Blockchain Mining has filed a Form 1-A with the Securities and Exchange Commission (SEC) indicating its intent to launch a security token offering (STO) seeking a max raise of $50 million. The Reg A+ Offering Circular states that the company seeks to issue 50,000,000 shares… Read More

January 28, 2019 @ 4:36 pm By JD Alois  |  

FINRA recently posted their annual Risk Monitoring and Examination Priorities Letter. As part of the letter, FINRA stated they would be evaluating how firms conduct suitability analyses as well as communications and AML requirements for both Reg D 506c and Reg A+ offerings. These two exemptions… Read More

January 27, 2019 @ 9:23 pm By JD Alois  |  

Last week, FINRA issued its annual Risk Monitoring and Examination Priorities Letter for 2019. The letter is a reference point as to what FINRA expects to target in the coming year. The missive includes an opening by FINRA President and CEO, Robert Cook, who said… Read More

January 24, 2019 @ 3:41 pm By JD Alois  |  

There has been a good amount of discussion about the impact of the government shutdown and the effect on government employees who are not being paid.  The shutdown is also undermining sectors of the economy that depend on furloughed public employees. One sector of finance that has… Read More

January 20, 2019 @ 4:16 pm By JD Alois  |  

Digital Brands Group (DGB), a “digital-first clothing & lifestyle brands” best known for DSTLD, has closed on its most recent securities crowdfunding round. DSTLD / DGB raised $3.2 million in a transatlantic investment offering. US based SeedInvest leveraged its ongoing relationship with UK based Crowdcube… Read More

January 19, 2019 @ 4:31 pm By JD Alois  |  

RealtyMogul has filed an updated form 1-A for their MogulREIT I offering which was launched more than two years ago. A non traded REIT, MogulREIT I has an investment objective of generating passive income for investors. As the offering is issued using Reg A+ both… Read More

December 31, 2018 @ 1:37 pm By Samantha Hurst  |  

StartEngine is set to close its security token offering (STO), using the Reg D 506c securities exemption, this evening (December 31st). The round, which only open to accredited investors, made its debut less than six months after StartEngine closed its first Reg A+ round, raising nearly $5… Read More

December 21, 2018 @ 11:59 am By JD Alois  |  

This week, CI reported about a problem for Regulation A issuers (or Reg A+ as it is called). Speaking with Mark Elenowitz, a Wall Street veteran and CEO of Tripoint Global and Bank, he explained a nagging problem for issuers using the security exemption who… Read More

December 19, 2018 @ 8:29 pm By JD Alois  |  

Today, Reg A+ received a big boost from the Securities and Exchange Commission (SEC) as they announced that reporting firms will soon be able to use the security exemption. Old Regulation A was an exemption that just about no one used – ever. It took… Read More

December 19, 2018 @ 2:37 pm By JD Alois  |  

Long requested by Reg A+ fans, the Securities and Exchange Commission (SEC) has approved final rules that will allow reporting companies to utilize the Regulation A (frequently referenced as Reg A+) exemption to raise capital. The amendments to Reg A+ will become effective upon publication in… Read More

December 19, 2018 @ 1:16 pm By JD Alois  |  

The Reg A Conference is the largest gathering of deal-makers and companies interested in networking and discussion of Regulation A. This is a prime opportunity to network with like-minded business executives as well as financial professionals who assist in bringing capital to companies. Hands down, this… Read More

December 18, 2018 @ 11:17 am By Doug Ellenoff  |  

This summer, with little fanfare, the North American Securities Administrators Association (NASAA) announced some interesting and, in our view, directionally enlightened ideas on potential changes to state securities laws as they relate to secondary market trading. If you aren’t familiar with NASAA, it is a… Read More

December 12, 2018 @ 7:46 pm By JD Alois  |  

Two crowdfunded companies, Legion M and Chicken Soup for the Soul Entertainment (NASDAQ: CSSE) have formed a strategic partnership to jointly develop original content while giving fans the chance to potentially invest and receive equity in the projects. Legion M, a fan-owned entertainment firm, is… Read More

December 11, 2018 @ 11:15 am By JD Alois  |  

Calling their EQRE digital asset “a securities token that even Wall Street could love,” QuantmRE is planning to do a security token offering tied to fractionalized interest in real estate. In partnership with Prime Trust, QuantmRE will issue a security token representing interests in owner-occupied, residential real estate… Read More

December 1, 2018 @ 3:37 pm By JD Alois  |  

StartEngine, one of the leading investment crowdfunding platforms in the US, has filed a Form D with the Securities and Exchange Commission (SEC). As CI reported last month, StartEngine commenced a Reg D offering while their Security Token Offering (STO) under Reg A+ remains in… Read More

November 27, 2018 @ 9:26 pm By Samuel Guzik  |  

As the expression goes:  “Look before you leap.”  But if you are an innovator, determined to blaze a trail never before navigated – there is not much to look at. Being a pioneer can be a lonely and dangerous adventure.  Nothing could be more true… Read More

November 14, 2018 @ 10:00 pm By Samuel Guzik  |  

SEC Regulation A (commonly referred to as Regulation A+) was implemented by the SEC in 2015 pursuant to major Congressional legislation, the Jumpstart Our Business Startups Act of 2012 (the JOBS Act). It allows companies to raise up to $50 million in a 12 month… Read More