Tagged: regulation d

June 25, 2020 @ 11:03 am By JD Alois  |  

Emin Gün Sirer‘s Ava Labs Avalanche token sale has raised $12 million led by Initialized Capital and other well-known investors including Galaxy Digital, Bitmain, NGC Ventures, and Dragonfly Capital. Avalanche (previously AVA) has recently gone through a brand consolidation following the successful launch of its… Read More

June 24, 2020 @ 4:45 pm By Aaron Reuben  |  

Incentivize Affordable Housing through Crowdfunding Liberalization for Community Investors In recent decades, increases in urban employment and population have outpaced residential development in U.S. cities. Nationwide, from 1974 through 2008, the number of new homes exceeded the number of new households. But since 2009, the… Read More

June 24, 2020 @ 3:56 pm By JD Alois  |  

Republic, a leading investment crowdfunding platform, has announced the offering of Republic Note – scheduled to go on sale July 16, 2020. Republic Note is a profit-sharing token with a funding cap of $8 million. According to the company, Republic Note is in line with… Read More

June 10, 2020 @ 5:23 pm By JD Alois  |  

In May, the Securities and Exchange Commission (SEC) Small Business Capital Formation Advisory Committee met to discuss pending decisions by the SEC regarding an update to the exempt offering ecosystem. The SEC Small Business Capital Formation Advisory Committee was established by the SEC Small Business… Read More

May 3, 2020 @ 5:24 pm By JD Alois  |  

Last Thursday, a letter posted on the Russian website of SmartLab said that Telegram will offer GRAM purchasers the option to receive their money back as the deadline for the issuance of the tokens had passed. Telegram has been in an ongoing legal battle with… Read More

March 24, 2020 @ 6:12 pm By JD Alois  |  

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

March 18, 2020 @ 10:17 am By JD Alois  |  

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

March 6, 2020 @ 5:30 pm By JD Alois  |  

Digital challenger bank Chime filed an amended Form D with the Securities and Exchange Commission (SEC) this week indicating its most recent funding round has moved a touch higher.  According to the filing, Chime has now raised $700 million from 25 investors. The date of… Read More

February 18, 2020 @ 8:00 am By JD Alois  |  

YieldStreet, an alternative investment platform that largely caters to accredited investors under Reg D 506c, has announced a new partnership with BlackRock (NYSE:BLK) on a $1 billion fund that will target retail investors. Michael Weisz, founder and President of YieldStreet, hit the studios of CNBC… Read More

February 17, 2020 @ 1:45 pm By JD Alois  |  

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

February 6, 2020 @ 6:58 pm By JD Alois  |  

NextSeed, a Reg CF funding portal and broker-dealer, has distributed an update on platform progress.  According to an email from the platform,  NextSeed investors have now received over $5 million in payments via the platform. Last year, NextSeed distributed over $2 million in payments thus… Read More

January 8, 2020 @ 9:29 pm By Cali Haan  |  

On Monday, Telegram, makers of the popular private messaging app Telegram, issued a public notice to, “clarify certain aspects of the TON Blockchain and Grams,” as the company, “continue(s) to prepare for a successful launch of the project.” TON is intended to function as a… Read More

January 7, 2020 @ 3:16 pm By Cali Haan  |  

The judge presiding over an SEC case alleging Telegram sold unlicensed securities has denied the SEC’s request for immediate disclosure of bank records relating to Telegram’s $1.7 billion sale of GRAM cryptographic tokens. Instead, Judge P. Kevin Castel has ordered the private messaging company to, “set… Read More

January 4, 2020 @ 9:24 am By Cali Haan  |  

The US Securities and Exchange Commission (SEC) has asked a judge to order Telegram to submit bank records detailing how it has been spending $1.7 billion USD it raised from investors in 2018, Finance Magnates(FM) reports. Telegram is currently contesting emergency orders obtained by the… Read More

December 26, 2019 @ 1:01 pm By Jeff Holzmann  |  

The concept of crowdfunding has been around since the dawn of civilization. Think about the priest passing around the bucket in church, communities coming together to help a member in need, or the example that is probably most familiar to us all – taxes! The… Read More

December 24, 2019 @ 12:07 pm By JD Alois  |  

Earlier this month, Crowdfund Insider reported on NextSeed’s first Reg D offering for a real estate investment. NextSeed started life as a platform acting as a bank replacement. Small businesses could raise debt capital, first under the Texas intrastate exemption (no longer in use) and… Read More

December 22, 2019 @ 7:13 pm By JD Alois  |  

Last week, the Securities and Exchange Commission (SEC), Small Business Capital Formation Advisory Committee published several letters regarding recommendations to the Commission pertaining to the concept release on regulatory harmonization. A specific letter was posted regarding updates necessary for Reg CF as well as a… Read More

December 9, 2019 @ 5:26 pm By JD Alois  |  

NextSeed, previously a debt-focused Reg CF platform, has recently listed its first real estate offering for a property being redeveloped in downtown Albuquerque, New Mexico. Securities are being issued under Reg D 506c – so accredited investors only. According to NextSeed, ARRIVE Albuquerque “offers a… Read More

November 25, 2019 @ 10:34 pm By JD Alois  |  

NextSeed launched its first preferred equity deal this week with Blue Top Brand, a company seeking $3 million on the investment platform. The preferred equity is being issued at a pre-money valuation of $9,985,000 in a side-by-side Reg CF/Reg D offering. NextSeed was previously only… Read More

November 25, 2019 @ 8:58 am By JD Alois  |  

Decentralized Securities Depository, LLC, dba Openfinance, has raised $8.6 million from 19 different investors, according to a filing with the Securities and Exchange Commission (SEC). Decentralized Securities Depository/Openfinance is a secondary trading market for digital securities. Simply naming the company decentralized indicates the utilization of… Read More