Tagged: regulation d

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

October 30, 2019 @ 3:45 pm By JD Alois  |  

Back in 2015 during the earliest days of securities crowdfunding in the US, the first case of alleged fraud surfaced by an issuer using Reg D 506c. Ascenergy, a purported Oil & Gas company, along with CEO Joey Gabaldon and several relief defendants were the… Read More

September 18, 2019 @ 1:09 pm By JD Alois  |  

Opportunity Zones are new, tax-advantaged vehicles for investors to earn more on their money. Created by the Tax Cuts and Jobs Act of 2017, the first qualified opportunity zones (QOZs) first hit the market in early 2018. Designated by state authorities, there are now thousands… Read More

August 27, 2019 @ 6:00 pm By JD Alois  |  

Assurely is a unique Insurtech platform that is first targeting online capital formation platforms to provide a new level of confidence for the issuance of securities be they traditional or digital. The company was co-founded by two established entrepreneurs, CEO David Carpentier and Chief Insurance… Read More

August 20, 2019 @ 12:30 pm By Dror Futter  |  

Recently we marked the second anniversary of the SEC’s issuance of an Investigative Report finding that the DAO Tokens were securities.   While this killed the hopes of those who had interpreted SEC silence to mean consent to the unregulated issuance of tokens, it still… Read More

July 9, 2019 @ 8:20 am By JD Alois  |  

Lemonade, a fast-growing Insurtech focusing on homeowners and renters insurance, has raised $175 million according to a Form D filed with the Securities and Exchange Commission (SEC). The document indicates that Lemonade is seeking up to $300 million in equity capital. As it stands today,… 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

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

April 9, 2019 @ 9:38 am By JD Alois  |  

Globex Debuts Its Blockchain Software Stack to Power Timeless Luxury Group’s Digital Securities Offering in a Series of Industry Firsts Horizon Globex US, a SaaS business for the development of blockchain software solutions for digital securities, has announced that Timeless Luxury Group AG, a Switzerland-based… Read More

March 22, 2019 @ 3:00 am By Bret Conkin  |  

VoCare is raising capital for the launch of a new Medtech device, the Vitals360; a smartphone-sized diagnostic device for the Remote Patient Monitoring (RPM) and Point-of-Care verticals. Current investors include AGS Capital and SAW Capital and tax credits are available to Indiana investors via the… Read More

February 21, 2019 @ 10:19 pm By JD Alois  |  

CoinList, a platform for security tokens, is offering its first investment of the year. The securities are being issued under Reg D and Reg S. Ocean is described as an ecosystem that “securely exposes data, storage, compute, and algorithms for consumption.” The data feature incorporates… Read More

January 31, 2019 @ 8:52 pm By Scott Andersen  |  

On January 22, 2019, the Financial Industry Regulatory Authority (FINRA) released its examination priorities for 2019.  At the top of the list was online funding platform compliance with the securities laws. With an uptick in the offer and sale of securities offerings online with Rule… Read More

January 28, 2019 @ 4:36 pm By JD Alois  |  

FINRA recently posted their annual Risk Monitoring and Examination Priorities Letter. As part of the letter, FINRA stated they would be evaluating how firms conduct suitability analyses as well as communications and AML requirements for both Reg D 506c and Reg A+ offerings. These two exemptions… 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