Tagged: regulation a

January 25, 2021 @ 3:58 pm By JD Alois  |  

StartEngine, a leading investment crowdfunding platform, has filed another Form 1-A indicating its intent to list a Reg A+ offering labeled StartEngine Loans Fund I LLC. The loan fund is described in the offering circular as follows: “StartEngine Loan Fund I LLC’s mission is to… Read More

January 21, 2021 @ 11:43 am By JD Alois  |  

Leading investment crowdfunding platform StartEngine has filed a Form 1-A indicating its intent to offer the StartEngine Collectibles Fund. According to the filing, the Reg A+ offering will be split between two types of collectibles including wine and music. The document reveals that if fully… Read More

January 14, 2021 @ 2:58 pm By JD Alois  |  

After a long delay, final rules approved by the Securities and Exchange Commission (SEC) have made their way over to the Federal Register. By being published in the Federal Register, the clock begins ticking as to when the new rules become available to use by… Read More

December 28, 2020 @ 6:11 pm By JD Alois  |  

  Doug Ellenoff, the Managing Partner of Manhattan law firm Ellenoff, Grossman and Schole (EGS), has been involved with the Fintech sector since the early days of the JOBS Act – the legislation that eventually legalized investment crowdfunding. He is not only deeply engaged with… Read More

December 7, 2020 @ 8:16 pm By JD Alois  |  

  Republic is quickly morphing into an investment crowdfunding platform for every type of vertical. Launched as an early-stage investment platform, Republic now operates verticals for gaming, digital assets, real estate, and more. Today, Republic Real Estate is listing its first Reg A+ offering in… Read More

December 7, 2020 @ 4:06 pm By JD Alois  |  

Blockstack, a digital asset issuer that pursued a Reg A+ offering for its tokens (STX), believes the token is sufficiently decentralized to no longer be considered a security, according to a memo drafted by Blockstack’s lawyers. Blockstack was the first token issuer to have a… Read More

November 24, 2020 @ 2:14 pm By JD Alois  |  

The exempt securities marketplace can be arcane and challenging to manage for entrepreneurs seeking to raise capital. The advent of online capital formation has helped to democratize access to capital as well as streamline securities offerings but hurdles do remain. A new startup co-founded by… Read More

November 9, 2020 @ 9:39 am By Dror Futter  |  

TL;DR – The SEC announced a series of amendments (likely to be effective early next year) to the rules governing private offering exemptions – by far the most frequent path for venture fundraising.  The amendments retain the same “menu” of exemptions but make incremental improvements…. Read More

November 8, 2020 @ 7:27 pm By JD Alois  |  

Last week, the Securities and Exchange Commission announced a series of updates to the exempt offering ecosystem that included changes to online capital formation. While Reg CF received a nice increase from $1.07 million to $5 million, Reg A+ (Tier II) also received some attention… Read More

November 4, 2020 @ 11:18 am By JD Alois  |  

As previously reported, the Securities and Exchange Commission (SEC) has updated the exempt offering ecosystem – changes that impact online capital formation including Reg CF and Reg A+. The amendments published the SEC include funding cap increases to both the aforementioned exemptions while additional updates,… Read More

November 3, 2020 @ 10:43 am By JD Alois  |  

Yesterday, the Securities and Exchange Commission updated rules affecting the exempt offering ecosystem. Many of the changes impact online capital formation and the regulatory environment that issuers may leverage to raise capital online and the ability of platforms to assist in these securities offerings. The… Read More

November 2, 2020 @ 12:51 pm By JD Alois  |  

During an open meeting of the Securities and Exchange Commission (SEC), the Commission approved updates to the exempt offering ecosystem that are designed to improve access to capital, boost access to greater opportunity for investors while maintaining important investor protection criteria. In a party-line vote,… Read More

October 28, 2020 @ 1:29 pm By JD Alois  |  

Remember Flippy? Well, it appears that White Castle likes the robotic burger flipper enough it is expanding its service into ten new locations. According to a note from Miso Robotics, the popular fast food change is adding the first autonomous grilling and frying kitchen assistant,… Read More

October 27, 2020 @ 8:35 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has scheduled an open meeting to “consider whether to adopt rule amendments to facilitate capital formation and increase opportunities for investors by expanding access to capital for small and medium-sized businesses and entrepreneurs across the United States.” The meeting… Read More

October 23, 2020 @ 12:38 pm By JD Alois  |  

Last April in a significant strategic move, Republic acquired Fig – a crowdfunding platform for video games that issued securities under Reg A+. Republic is a leading investment crowdfunding platform in the US that continues to add new verticals and products as it builds out… Read More

October 8, 2020 @ 11:30 am By Brian Farber, General Counsel, Securitize  |  

  Tokenization Provides Endless Possibilities for Teams and their Fans. Professional sports have been deeply stitched into the fabric of American society for well over a century, providing a daily source of joy (or pain if you’re a Mets fan), and serving as a refuge… Read More

October 7, 2020 @ 9:00 am By JD Alois  |  

  Virtuix, a virtual reality platform that is targeting both gaming and commercial markets, is returning to SeedInvest to raise additional capital. The new funding round arrives as the company announces the launch of Omni One, a consumer version of the Omni, an “omni-directional” treadmill that… Read More

October 1, 2020 @ 8:30 am By JD Alois  |  

StartEngine is a leading investment crowdfunding platform in the US. Last August, StartEngine announced that it had topped $200 million in funding having only surpassed $100 million in July of 2019 – after having launched in 2015. During 2019, StartEngine raised about $44 million –… Read More

September 17, 2020 @ 12:46 pm By JD Alois  |  

Going Public Using Reg A+ Reg A+ is a JOBS Act exemption that launched with great hope but in some respects, soon fizzled.  The Securities and Exchange Commission (SEC) followed the guidance of Congress and took a moribund securities exemption, that no one used anywhere,… Read More

September 10, 2020 @ 3:26 pm By JD Alois  |  

StartEngine, a leading crowdfunding platform that is also a FINRA regulated broker-dealer and holds an ATS (alternative trading system) license, will launch the “StartEngine Secondary” in October. According to StartEngine, the first issuer to trade on the platform will be StartEngine itself – a company… Read More