The New Regulation A: Effective June 19, 2015 As the amended Regulation A (or Regulation A+ as it is often referred to) launches, many companies are enthusiastically wondering whether this powerful vehicle for raising funds could be right for them. Often described as a mini public offering, securities offered under Regulation A are exempt from [...]
Update: The early returns are in, and the Form 1023-EZ appears to be significantly speeding up the approval process for tax-exempt status. The average age of pending applications has decreased to approximately two months (at the time of the initial post, it was approximately nine months). Indeed, we have seen an organization receive approval of [...]
Securities Law – Revenue Capital Investing Many companies in need of growth capital have grown beyond the traditional equity investment phase, but are still not the correct bank-profile fit for straight debt. In addition, some companies are not prime exit-scenario candidates, which can also limit their ability to raise venture funding. Similarly, some investors prefer to [...]
You probably already know that the sale of “securities” triggers legal risks and compliance obligations, but many entrepreneurs and business owners are a little fuzzy on the precise definition of a “security.” Most know that any sale of corporate stock counts as the sale of securities, but the statutory definition is actually much broader. The [...]