Tagged: regulation cf

SEC Provides Temporary Relief for Issuers Using Reg CF & Reg A+ Impacted by Hurricane Michael

The Securities and Exchange Commission (SEC) issued temporary rules for companies that issued securities under Regulation Crowdfunding (Reg CF) and Regulation A (Reg A+). The rules provide relief for victims of Hurricane Michael. The “interim final temporary rule”  extends the deadline for issuers subject to… Read More

Reg CF: 44 FINRA Approved Crowdfunding Portals and Counting

In June, we updated readers on the number of FINRA approved Reg CF portals. At that time the count stood at 41 regulated crowdfunding platforms. As of today (September 21, 2018), that number has now increased to 44 FINRA approved Reg CF platforms as three new… Read More

Reg CF Dipped in August but Crowdfunding Total “Still Strong”

Frederick_Winters Strong Weightlifting heavy

StartEngine published their monthly report on Reg CF volume and according to their numbers, $7.4 million was raised during August. This comes after a new high in July when it topped $10.7 million. Since the securities exemption went into effect in May 2016, Reg CF… Read More

President Trump: It’s High Time for a few More Tweets to SEC Chairman Jay Clayton

President Trump:  It’s High Time for a few More Tweets to SEC Chairman Jay Clayton Any good litigator can tell you that the difference between success and failure is often the ability to ask the right questions – at the right times – and asking… Read More

Perspective: How Regulation Crowdfunding Has Fallen Short of its Goal

The vision Behind Regulation Crowdfunding Regulation Crowdfunding (Reg CF) allows any business to raise up to $1.07 million without a public registeration with the Securities Exchange Commission (“SEC”). The idea behind Regulation Crowdfunding is to enable small businesses and startups to leverage the advertising power… Read More

Reg CF Hits New Monthly High in July Crowdfunding $10.7 Million

StartEngine has just published its monthly index of Reg  CF (Regulation Crowdfunding) campaigns and raises. According to their tally, July was a banner month with issuers raising $10.7 million – new monthly high for 2018. In aggregate, since Reg CF became usable in 2016, issuers… Read More

Petition the SEC: Raise the Crowdfunding Limit to $20 Million

“small businesses are still shut out from equity crowdfunding due to the current regulatory constraints.” Recently, a group of prominent small business advocates and crowdfunding industry insiders sent a letter to Securities and Exchange Commission (SEC) Chairman Jay Clayton. The group, which included representatives of… Read More

Why Real Estate Deals, Not Startups are the Big Success Story of Equity Crowdfunding

Equity crowdfunding for startups was supposed to be a game-changer. The excitement began in 2013 when Title II of the JOBS Act gave individuals who met certain requirements for income or net worth—called accredited investors—the ability to invest in some types of assets that had… 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

Crowdfunding Platform Republic is Now Two Years Old

Last week, Republic – a Reg CF crowdfunding platform founded by AngelList veterans – announced that it was celebrating its second birthday. How time flies. Republic announced its intent to enter crowdfunding sector as a FINRA regulated funding portal back in 2016 – the same… Read More

Prominent Group of Fintech Leaders Send Letter to SEC Chair Jay Clayton Demanding an Increase in Regulation Crowdfunding to $20 Million

In a letter forwarded to Securities and Exchange Commission (SEC) Chairman Jay Clayton, a group of Fintech leaders demanded the Commission to increase Regulation Crowdfunding (Reg CF) from the current $1.07 million max amount to $20 million – a substantial increase to current rules. The… Read More

EnergyFunders Lists Side by Side Offer on SeedInvest

  EnergyFunders, a crowdfunding platform in the oil and gas sector, is raising capital on SeedInvest. The company has listed a side by side Reg CF – Reg D offering (accredited only) so the firm can raise beyond the CF cap. Under Reg CF, EnergyFunders… Read More

KingsCrowd Wants to Become MorningStar of Crowdfunding, Raises Money on NetCapital

KingsCrowd, a startup that wants to become the “Morningstar of equity crowdfunding” is using crowdfunding to raise their seed funding round. The offer is posted on NetCapital and seeks a max raise of $106,999. The minimum is low at $10,000 – but two weeks into the… Read More

In June, Businesses Raised Over $6.5 Million via Reg CF

Reg CF is the smallest segment of the crowdfunding industry but it is also the securities exemption that was designed to cater to the smallest of businesses. Signed into law in 2012, Reg CF became actionable in May of 2016 and since that time has… Read More

Dash Labs is the Newest Cross Border UK – US offering on Crowdcube & SeedInvest

Dash Labs, a company that claims to make any car smart, is the most recent cross border offering listed on two separate crowdfunding platforms. Dash is currently seeking a raise of $4 million (min $750,000) at a pre-money valuation of $13.5 million. The offering is… Read More

Flyover Country No More: Silicon Prairie Portal & Exchange Combines Intrastate with JOBS Act Crowdfunding Exemptions, Preps Blockchain based Secondary Market

The JOBS Act of 2012 was create with the recognition of the importance of providing funding to early stage ventures and entrepreneurs. Access to capital can be really hard. This is even more true if you happen to live outside of prominent hotbeds of innovation… Read More

What’s in a SAFE? New Site Open Sourced by Republic Helps Investors Figure it Out

SAFEs or Simple Agreements for Future Equity are popular investment options for early stage startups that are not quite ready to peg a value on the company.  They are also commonly used on investment crowdfunding platforms. SAFEs typically represent an opportunity to purchase stock at… Read More

Diversity Report: Crowdfunding Platform Republic Says “Good Ideas Are Universal. Opportunity Isn’t”

Republic, an investment crowdfunding platform that is mission driven, has published a new Diversity Report that recognizes the fact that “good ideas are universal – opportunity isn’t.” In the US, securities laws have been skewed to favor the wealthy (think of the current punitive definition… Read More

There are Now 41 Reg CF Crowdfunding Portals 2 Years After JOBS Act Exemption Commenced

The number of Reg CF crowdfunding platforms in the US continues to slowly grow with several recent additions. Last time we reviewed the number of FINRA approved investment platforms in March, there were 38 regulated sites. So what has changed? First, to update on what… Read More

Republic: Coinvest Offering Hits Investment Limit Almost Immediately, Partners with OpenFinance Network to Trade Securities

Republic, an investment crowdfunding platform that also participates in initial coin offerings (ICOs), had a couple interesting news items this week. First of all, its Coinvest offer sold out almost immediately – before Republic could even shoot an email out to its wider audience.. Coinvest… Read More

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