Tagged: rule 506c

Crowdnetic Launches JOBS Act Deal Aggregator “CrowdWatch,” Announces $1.6M Seed Round

Crowdnetic has announced the official launch of CrowdWatch, a deal aggregator for offerings made possible by the JOBS Act. Pricing for the service is set at $129 per month with a 14-day free trial available. Crowdnetic has also announced partnerships with EarlyShares and EquityNet. Deals… Read More

Virtuix Crowdfunding For Equity On SeedInvest After Million-Dollar Kickstarter Campaign For Omni VR Gaming Device

Virtuix found itself at the center of a revolutionary shift in the video game industry after they raised over $1.1 million on Kickstarter. The campaign funded the Virtuix Omni, an immersive treadmill-like device for gamers. According to a recent backer update, shipping has begun for… Read More

WATCH: A Five Minute Rule 506(c) JOBS Act Primer From Bill Carleton

william carleton counselor@law

angelMD shared this video with us featuring [email protected] blogger Bill Carleton. In the clip, Carleton explains Rule 506(c) and general solicitation. It’s a good overview of changes brought on by Title II of the JOBS Act. In particular, Carleton does a great job of laying… Read More

Quora Roundup: Tips On Big Rewards, Glowing Plant Dangers, Github Crowdfunding & Rule 506 Strategy

There are a bunch of interesting crowdfunding topics on Quora, so we wanted to round up a few of the best recent answers and share them here. First, how can crowdfunders use expensive rewards to find success? Some thoughts… Read Quote of Kevin Flint’s answer… Read More

Crowdnetic, CrowdWatch Release Stats On 506(c) Marketplace

Last updated Sunday, January 26 at 11:52 AM Crowdnetic‘s umbrella of crowdfunding-related companies includes CrowdWatch, a deal aggregator for the nascent Rule 506(c) marketplace. It’s comprised of issuers Crowdnetic is calling PIPR’s, or Private Issuers Publicly Raising. As part of the JOBS Act under Title… Read More

Crowdentials Offers Low-Friction Solution To Investor Accreditation For Private Issuers

The implementation of an exemption under Rule 506(c) of Regulation D in September of 2013 creates a new set of opportunities for private issuers looking to raise capital. It also creates a new set of challenges, specifically a need for issuers (and, by proxy, the… Read More

JOBS Act Title III Rules: Moving Closer to Equity Crowdfunding

Under the proposed rules, Title III of the Jumpstart Our Business Startups Act (JOBS Act) will create a new investor class by allowing non-accredited investors to participate in crowdfunding. These rules will lead to a democratized investment landscape profitable to entrepreneurs, inventors, artists, writers, and… Read More

Miami-Based EarlyShares Goes Live With Equity & Rewards-Based Crowdfunding Deals

EarlyShares is a crowdfunding platform based in Miami, Florida. The operation is poised to be one of the leaders in the nascent equity crowdfunding space in the United States, and in light of the implementation of Rule 506(c) that took place in September the platform… Read More

Howard Leonhardt Crowdfunding $15M From Accreds For Cal-X Stars Accelerator Portfolio

Howard Leonhardt and his venture firm Leonhardt Ventures are making use of a new exemption under Rule 506(c) of Regulation D to solicit funding from accredited investors. The money will go towards funding a cadre of businesses participating in his Cal-X Stars accelerator. Leonhardt explains… Read More

Accreditation Does NOT Equal Sophistication

This article is contributed by Sang Lee (@rocsang), CEO and founder of Return on Change, the next generation’s investment crowdfunding portal (www.returnonchange.com). Follow Return on Change @rocspeaks for investment crowdfunding advice and updates. Recently, there has been a ton of news around the unanimous approval of the… Read More

Mary Jo White: JOBS Act “Facilitates Greater Transparency And Openness”

SEC Chair Mary Jo White addressed a crowd at today’s Managed Funds Association Outlook 2013 Conference in New York City. She spoke at length about the JOBS Act and specifically about Rule 506(c) and general solicitation. It may come as a bit of lip service for… Read More

The JOBS Act: Misreporting & Setting The Record Straight

In the wake of legalized general solicitation under Rule 506(c), some media outlets, individuals and pundits have shared information that is not accurate. See this infographic as an example, which appeared on Forbes. That isn’t to pick on Forbes or the creators of that infographic…. Read More

SEC Launches Portal For Voluntary Submission Of Solicitation Materials

The SEC wants to examine how issuers are making use of general solicitation, and in order to do so they’re going to need some help. The SEC’s web site now includes a form that allows digital submission of written materials used for the purpose of… Read More

SEC Vote Coming: Proposed General Solicitation Rules May Bring Big Changes

Yesterday general solicitation became legal for issuers opting to make use of the newly-minted Rule 506(c) of Regulation D. The option was added to Form D yesterday, which is available on the SEC’s web site. Some news outlets reported that Form D had to be filed… Read More

General Solicitation Is Legal, But Will It Be Successful?

With the lifting of the ban on general solicitation, today marks the beginning of a grand experiment in capital formation in the United States. It is also a boon to a crowdfunding industry that has largely been on autopilot while the implementation timeline of the… Read More

Angel Investor Launches Online Petition Urging Changes To Rule 506(c)

Ahead of the official lifting of the ban on general solicitation slated for September 23rd, angel investors are becoming more vocal in their opposition to choice parameters of the new rule. A recent petition launched on ipetition.com targets three specific aspects of the rule that… Read More

Angel Investors Share Concerns With SEC Ahead Of General Solicitation

Yesterday the SEC held a meeting of top advisors and staff to discuss the latest rulemakings and initiatives from within the Commission. The Angel Capital Association was invited to speak on a new rule to go into effect on September 23rd that lifts the ban… Read More

SEC, House Reps Spar Over General Solicitation

In a joint letter sent to SEC Chairman Mary Jo White on July 22nd, 2013, Rep. Patrick McHenry (R-NC) and Rep. Scott Garrett (R-NJ) raised serious concerns over the proposed implementation of Title II and the lifting of the ban on general solicitation for private… Read More

Advertising Private Placements Still An Evolving Process

SEC Formally Allows General Solicitation, or Advertising, for Certain Equity Offerings But Process to Accommodate is Still a Moving Target In the wake of Title II hitting the federal register, those active in the world of private placement securities are busy digesting the net effect… Read More

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