Latest Regulation A+ Developments and Update

By Rod Turner is the founder and CEO of Manhattan Street Capital, CrowdFundBeat Guest Editor,

download (31)

In June 2015 Title IV of the JOBS Act opened the door for main street (non accredited) investors worldwide to invest in private companies having headquarters in the USA or Canada. Regulation A+, or Reg A+, funding has distinct advantages for companies and provides investors democratic access to private companies at the issue price. Take a look at some of the latest numbers below:

60 companies have applied to the SEC to be Qualified for a Reg A+ offering, up from 45 one month ago – one new application every other day. The rate of new filings has increased, and the number of service providers offering legal services to assist has also increased.

The aggregate capital intended to be raised from these offerings is $1.3 Billion, up from $1 Billion a month ago.

The average planned maximum capital raise is $23 million per offering.

12 Regulation A+ Form 1-A filings have been Qualified by the SEC.

We estimate that six Reg A+ offerings are underway, accepting investments.

One Qualified Reg A+ converted to a full S-1 IPO on the NASD, underwritten by WR Hambrecht, ticker will be HDCC

A $5mill offering by Groundfloor Finance Inc. Real Estate Lending marketplace was filled by FinTech Venture Fund

One Reg A+ offering has finalized: Elio Motors has completed their $16.9 million offering, raised at a pre-money valuation of $300 million. They had over 6,500 investors. Elio Motors listed on the OTCQX on Feb 24th, ticker is ELIO. This stock Issued at $12 per share, it traded up to approximately $60 per share on the 4th and 5th day after opening on the OTCQX, and closed Tuesday March 9th at $34.90/share.

It is not a requirement of Regulation A+ to list a company on a market such as the OTCQB or OTCQX.

Note that the TestingTheWaters(TM) process allows companies to informally market themselves to assess possible investor interest prior to starting a Form 1-A application with the SEC.

Rod Turner

Rod Turner is the founder and CEO of Manhattan Street Capital, helping successful mid-stage and high growth startups to raise the capital they need to scale faster under the newly-approved criteria of Regulation A+. Turner has played a key role in building six successful companies including Symantec/Norton, Ashton Tate, MicroPort, Knowledge Adventure, and ArtSlant, Inc. He is an accomplished investor who has built a Venture capital business (Irvine Ventures) and has made angel and mezzanine investments in companies such as Bloom, Amyris, Ask, and eASIC.

– See more at: http://www.manhattanstreetcapital.com/blog/rodturner/latest-regulation-developments-and-update#sthash.uW2RErlX.dpuf

Tags: , , , , , , , ,

HEADLINE NEWS

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news [...]

Kirkland ReporterMillennial entrepreneurs gearing up to launch crowdfunding campaign for Ombraz SunglassesKirkland ReporterWhile the common mistake may seem fairly mundane to most, the broken hinges on Brehm's sunglasses — and how he would fix them — planted a seed for the Kirkla [...]

IGNHasbro Announces Toy Crowdfunding Platform With 4-Foot Jabba's Barge ModelIGNBy Shabana Arif Hasbro's HasLab crowdfunding platform is like Kickstarter for cool toys, and first up is Jabba's Sail Barge, weighing in at 14lbs. HasLab "hopes to bring dream products [...]

GizmodoHasbro Is Getting Into Crowdfunding With an Insane Star Wars ToyGizmodoToday, Hasbro unveiled Haslab, which promises to basically be the toymaker's answer to Kickstarter, for diehard fans of its toys. The new crowdsourcing program is kicking off with one hell of a project: [...]

Comics BeatCrowdfunding Watch: The Awesome Fantasy Adventure EditionComics BeatOn this particular President's Day I'd like nothing more than to step outside this current reality. Thankfully, fantasy adventure let's me do exactly that. I've located three fantasy com [...]

Cinema BlendHasbro Unveils Crowdfunding For Insane Star Wars ToysCinema BlendBeing one of the most powerful franchises ever created, Star Wars has provided fans with countless characters, worlds, and stories to fawn over across just about every conceivable medium, but any executive wi [...]

ESPN.co.ukBritish bobsleigh team hoping to repay faith of crowdfunding backersESPN.co.ukBritish bobsleigh team hoping to repay faith of crowdfunding backers. play. British bobsleigh team thankful for crowdfunding backers (3:03). ESPN's Tom Hamilton caught up with the GB women [...]

Prosecco producer launches crowdfunding campaign for Giacomo Casanova museumThe Drinks BusinessCasanova hopes that the museum will help to increase tourism to the region and lead to further job opportunities in the area. They are currently finalising the details of the project with as [...]

The IndependentFlorida shooting: Crowdfunding page set up for victims' families raises more than $750k in just one dayThe IndependentMourners stand during a candlelight vigil for the victims of Marjory Stoneman Douglas High School shooting in Parkland, Florida on 15 February 2018 [...]

Decentralized EnergyCrowdfunding appeal for Indian village cogenDecentralized EnergyA crowdfunding campaign is aiming to bring power to a remote Indian village through a containerized waste-to-energy solution. UK-based SEaB Energy's 'Flexibuster' cogeneration system (pi [...]

CFB Finance

Marketwired

  • Crowdfunding
  • Crowdfund
  • Peer to Peer Lending
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

Press Release

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |