Tagged: regulation cf

Huge: Republic Acquires FIG Game Crowdfunding Platform

Republic, an offshoot of AngelList and sister company to CoinList, has acquired FIG – a securities crowdfunding platform in the gaming space. Details of the acquisition were not immediately available. Founded by Justin Bailey, Republic states that he will stay actively involved as a Fig… Read More

Crowdfunding Industry Insider Criticizes SEC Proposal on Special Purpose Vehicles for Reg CF

Special Purpose Vehicles or “SPVs” have long been requested by FINRA regulated platforms participating in the Reg CF sector of crowdfunding. Under current rules, SPVs are not allowed to be utilized. This may soon change as the Securities and Exchange Commission (SEC) has proposed enabling… Read More

A Bank Loan Alternative: Honeycomb Credit CEO Provides Insight into Crowdfunding Platform Performance During Coronavirus Crisis

George Cook, the CEO of Honeycomb Credit, is a sixth-generation community banker who started a loan crowdfunding portal to support main street small businesses. A FINRA regulated funding portal, Honeycomb is a debt only seeing an opportunity to supplant bank lending or competing Fintechs that… Read More

Perspective: What the Proposed SEC Changes Mean for the US Crowdfunding Industry

Earlier this month, The Securities and Exchange Commission (SEC) announced a set of amendments to the exemptive framework under the Securities Act of 1933. This includes a notable update to Reg CF – increasing the funding cap from its current $1.07 million to $5 million…. Read More

Reg CF: After an Initial Pause, One Platform Says Crowdfunding is Back to Normal

Chatter continues to disseminate as to how venture capital is pulling back or funding is simply vaporizing. At best, some deals are being reconfigured as pre-pandemic pricing is being called into question. The COVID-19 crisis is hitting early-stage firms hard. Private companies that may be… Read More

Backed by Tim Draper, Tony Robbins & Pitbull, GRIT BXING Quickly Tops Minimum Funding Goal on Republic

If spinning or standard cross-fit classes are too tame for you, a startup providing fitness boxing may be just what you need. Grit Bxing is an early-stage firm that has already received the backing of multiple high-profile investors, according to the company. Names like Tim… Read More

In Final Hours of Reg CF Offering, Rocket Dollar Tops $400,000 on Republic

Rocket Dollar is nearing the end of a securities offering on Republic and with less than 2 days in the offering, the Fintech has topped $400,000 on the crowdfunding platform. Rocket Dollar is a Fintech that helps to match investors with alternative finance offerings. The… Read More

Ammo Delivery Service Ammo² Raises $313,000 on Wefunder

Ammo² (or AmmoSquared) has closed on a crowdfunding round on Wefunder raising approximately $313,000 at a $4.49 pre-money valuation. Investors received preferred stock in the company. Started in 2015 by husband and wife team, Ammo² has generated over $1m in revenue to date through its… Read More

Online Capital Formation: Reg A+ and Reg CF Issuers Receive Some COVID-19 Induced Relief from SEC

Yesterday, the Securities and Exchange Commission (SEC) announced that it is providing temporary regulatory relief to market participants in response to the effects of COVID-19. The actions involve filings on the EDGAR system as well as certain company filing obligations under Regulation A (Reg A+)… Read More

Reg CF Portal Fundopolis Announces Services to Help Small Business During COVID-19 Crisis

Fundopolis is the most recent crowdfunding platform to provide specific initiatives for issuers during the challenges engendered by the COVID-19 pandemic. As has been widely reported, millions of small businesses are seeing revenues drop as people comply with COVID-19 quarantines and social distancing practices. Fundopolis… Read More

Two Coronavirus Friendly Crowdfunding Offerings on SeedInvest Now

I don’t know about you but I am already tired of reading/hearing/seeing/dreaming about COVID-19. Social distancing and shelter at home are necessary and vital – especially for cities like New York that has emerged as an epicenter for the virus. Eventually, we will move beyond… Read More

Wefunder Says Q1 Best Quarter Ever. Now Offers Revenue Share Security to Help COVID-19 Impacted Companies

In a tweet this week, Wefunder said it expects the first quarter of 2020 to be their best quarter ever. This is in an environment where Fintech investment is struggling and the emergence of the Coronavirus, or COVID-19, is hammering the entire world. While Q1… Read More

While Most Markets Struggle, Reg CF Shows Resilience in Early Days of COVID-19 Pandemic

Global stock markets are tanking erasing hard in gains from the past 3 years while governments around the world struggle to keep economies moving forward during the Coronavirus pandemic reality. While COVID-19 is rattling markets everywhere, at least one, Reg CF, has shown signs of… Read More

KingsCrowd Raises $1 Million on Netcapital using Reg CF and Reg D 506c

KingsCrowd has closed on a $1 million crowdfunding round on the NetCapital marketplace. KingsCrowd is a ratings and analytics firm for the private securities market. NetCapital lists private securities under both Reg CF and Reg D. The KingsCrowd offering leveraged both exemptions in a side… Read More

Compound: Reach Lists First Real Estate Offering on Republic, Plans for More

Compound: Reach is an App-based real estate investment platform. The company is “re-imagining” the way people invest in real estate by enabling everybody to “participate in the growth and prosperity of the cities and neighborhoods they are helping to build.” The company currently lists several… Read More

SEC Proposes Raising Reg CF to $5 Million, Reg A+ to $75 Million, Adds Other Improvements to Security Exemptions

The Securities and Exchange Commission (SEC) proposed meaningful changes to multiple securities exemptions today. The pending rule change came following a closed meeting of the Commission without a public agenda. The proposals may dramatically impact platforms that facilitate online securities offerings and benefit smaller companies… Read More

Sondors Electric Car Has Raised $449,817 on StartEngine

Sondors Electric Car Company has raised $449,000 on StartEngine under Reg CF. This is the second offering listed on StartEngine and Sondors has around $1.4 million on StartEngine so far. Sondors got its start in the e-bike world with successful rewards (e-commerce) campaigns. Sondors then… Read More

Reg CF Platform Honeycomb Credit Provides 2019 Update

Bank replacement platform Honeycomb Credit has distributed an update on platform progress during 2019. Based in Pittsburgh, Honeycomb Credit is a FINRA approved crowdfunding portal offering securities under Reg CF. Honeycomb typically matches investors with small businesses in need of debt capital somewhat similar to… Read More

Soar Robotics Rockets to Funding Cap on Republic

Soar Robotics has hit its funding cap on Republic, according to the offering page. The AI boosted drone company has raised $1.07 million (the funding cap under Reg CF) from 4,376 investors. Backers of this company receive a “CrowdSafe” with a 20% discount. The pre-money… Read More

Republic CEO Kendrick Nguyen: “I am more excited about the potential of private investing for the crowd than 4 years ago”

Republic, an investment crowdfunding platform that is an offshoot of AngelList and affiliated with digital asset issuance platform CoinList, is one of the leading sites in the US providing access to equity capital for early-stage firms. It is also democratizing investment opportunities by allowing non-accredited… Read More

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