Raising capital in a mini-IPO under Regulation A can take between 4 and 6 months, which can be costly and leave many wondering how to fund the expenses of Regulation A offering. It might take longer depending on the extent and nature of SEC comments…
Introduction I have been fortunate to have had the opportunity to be involved with several private placements under Rule 506(c) since the rule became effective on September 23, 2013. Rule 506(c) permits the use of general solicitation and general advertising when selling securities in a…
When seeking my advice, my entrepreneurial clients usually get right to the point. When trying to raise money for their business, they want to know (1) How long will it take? and (2) How much will it cost me? Since Regulation A financings are now…
The SEC recently issued Compliance and Disclosure Interpretations (CDIs) relating to amended Regulation A. The full text of theCDIs may be obtained using the following link http://www.sec.gov/divisions/corpfin/guidance/securitiesactrules-interps.htm#182.01. These CDIs provide guidance to issuers that desire to engage in a Regulation A Offering. This blog post summarizes the CDIs….
Emerging companies were given a new tool today as amendments to Regulation A go into effect. These new rules give entrepreneurs greater access to capital. Tier 2 of amended Regulation A, nicknamed Reg. A+, will allow domestic and Canadian private companies to raise up to…
