Tagged: regulation cf

July 7, 2019 @ 7:00 pm By JD Alois  |  

Reg CF (Regulation Crowdfunding) is a unique securities rule that allows companies to raise up to $1.07 million from both accredited or non-accredited investors. Created by the JOBS Act of 2012, Reg CF is the smallest of the three online capital formation exemptions. Reg D… Read More

June 26, 2019 @ 9:29 am By JD Alois  |  

The Association of Online Investment Platforms (AOIP) has published a series of policy recommendations encouraging Congress to act and improve the online capital formation marketplace by fixing existing flaws in crowdfunding rules. The AOIP is a newer advocacy group formed in the last year. The… Read More

June 23, 2019 @ 9:08 pm By JD Alois  |  

Reg CF, the crowdfunding exemption that allows issuers to raise up to $1.07 million online, has topped the $200 million mark, according to StartEngine – a crowdfunding platform that tracks the exemption’s progress. In May, according to the report, issuers raised $5.7 million pushing the… Read More

June 23, 2019 @ 11:36 am By JD Alois  |  

LawCloud, formerly doing business as iDisclose, issued a not last week addressing the Securities and Exchange Commission’s (SEC) Report on Regulation Crowdfunding (Reg CF). The report is a point in time snapshot of sector progress for the smallest sector of online capital formation. In brief,… Read More

June 20, 2019 @ 5:00 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has published a statutory report on Regulation Crowdfunding commonly referenced as Reg CF. The mandated report must be forwarded to Congress three years after Reg CF rules became effective (May 2016). Reg CF is the smallest of three federal… Read More

May 21, 2019 @ 11:21 am By JD Alois  |  

Last week Regulation Crowdfunding, or Reg CF as it is affectionately called, celebrated its 3rd birthday. While the JOBS Act legislation that created online capital formation was signed into law in 2012, final rules for Reg CF did not become actionable into about 4 years… Read More

May 16, 2019 @ 1:45 pm By JD Alois  |  

Regulation Crowdfunding, commonly called Reg CF, celebrates a birthday today. On May 16, 2016, the Securities and Exchange Commission (SEC) allowed issuers to use the securities exemption to raise capital online from both FINRA approved “funding portals” as well as broker-dealers. Part of the JOBS… Read More

May 13, 2019 @ 10:17 pm By JD Alois  |  

NextSeed, a debt-focused crowdfunding platform, has listed its first side-by-side Reg CF – Reg D offering. The news of the first parallel offering comes on the heels of the announcement that NextSeed has been approved as a FINRA regulated broker-dealer. Under Reg CF, issuers may… Read More

May 9, 2019 @ 6:00 pm By JD Alois  |  

Earlier this week, the inaugural meeting of the Small Business Capital Formation Advisory Committee (SBCFAC) took place at the Securities and Exchange Commission (SEC) in Washington, DC. The new Committee brings together a diverse group of small business proponents including several Fintechs. Led by Martha… Read More

May 3, 2019 @ 2:51 pm By JD Alois  |  

Eco-focused company Sapient has quickly closed their crowdfunding round on Republic. According to the campaign page, Sapient hit the Reg CF ceiling raising $1.07 million from 1917 retail investors.  As we understand it, Sapient raised the money without any Reg D participation. For issuers using… Read More

April 15, 2019 @ 2:08 pm By JD Alois  |  

NextSeed, a FINRA regulated funding portal issuing securities under Reg CF, has become a broker-dealer. In an email distributed to its community, NextSeed announced the change in strategy for its investment crowdfunding platform. The announcement was joined by a site re-design and the addition of… Read More

March 31, 2019 @ 5:25 pm By JD Alois  |  

Indiegogo, the second largest rewards-based platform in the US, has quietly exited equity crowdfunding. Indiegogo entered the securities realm in November of 2016. The platform partnered with Microventures, a Texas-based broker-dealer, to create First Democracy VC – a FINRA approved funding portal. At the time… Read More

March 20, 2019 @ 5:07 pm By JD Alois  |  

Lyft is in the midst of preparing an initial public offering (IPO). This IPO is one of the most anticipated public offerings of the year. The ride-share platform is not only testament to the entrepreneurship of its founders and the creativity and risk-taking intrinsic to… Read More

March 13, 2019 @ 9:15 pm By Richard Mandel and Erik Noyes  |  

We interviewed several entrepreneurs who ran successful Reg CF campaigns – as well as two equity crowdfunding platforms – to break down the ins and outs of running a campaign. The bottom line? According to our review, you’re off base if you think equity crowdfunding… Read More

February 14, 2019 @ 9:01 pm By JD Alois  |  

Periodically, Crowdfund Insider reviews the status of Regulation Crowdfunding (Reg CF) the smallest crowdfunding exemption in the US. Reg CF has been in use since May of 2016. According to a recent report published by Crowdfund Capital Advisors (CCA), $194 million has been raised in… Read More

February 11, 2019 @ 5:14 pm By JD Alois  |  

PhunCoin is a security token being issued by a subsidiary of Phunware (NASDAQ: PHUN). Beyond being a publicly traded security (December 2018), Phunware is an interesting company. Phunware is described as a “fully integrated enterprise software platform for mobile that provides companies the products, solutions,… Read More

February 6, 2019 @ 12:15 am By David V Duccini  |  

There’s a Fintech revolution happening in Minnesota. Since passing its own version of intrastate crowdfunding legislation in 2015 and quietly opening its doors in 2016 the state has taken the regional lead in raising more money for more businesses under its “MNvest” exemption as well… Read More

February 4, 2019 @ 5:50 pm By JD Alois  |  

St. Louis, Missouri based crowdfunding platform Nvsted has launched two new investment campaigns. The local-focused platform is helping biotech startup Pluton Biosciences and CAD Trailer Designs raise growth capital. Nvested has positioned its platform as the “first hyper-local regulation crowdfunding portal” around. Regulation Crowdfunding, or Reg… Read More

February 1, 2019 @ 2:43 pm By JD Alois  |  

Regulation Crowdfunding (or Reg CF), created by Title III of the JOBS Act, has been available for several years now. While not without its shortcomings, Reg CF has been leveraged by hundreds of issuers, typically smaller firms, raising over $100 million since May 2016. This past week, Crowdfund Capital… 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