June 19 will be one year since the effectiveness of the SEC's new rules on Regulation A+ under the Jumpstart our Business Startups (JOBS) Act of 2012. So what's happened in the interim? According to information I very recently received: 99 deals filed, of which 55...
As the thermometer hits 79 today here in NY, the IPO market also seems to be thawing out of a long winter. Last week the BATS stock exchange went public and saw a 21% bump in its first day of post-IPO trading after raising about...
According to Crowdfund Insider, spring will be a key season for the lawsuit brought by two US states to challenge the SEC rules adopted under the Regulation A provisions of the Jumpstart Our Business Startups (JOBS) Act of 2012. On April 14, final oral arguments...
Another first for Elio Motors, having now completed their IPO and starting to trade on the OTCQX market under the symbol ELIO. This is the first Regulation A+ deal to trade. Congratulations to all involved in that deal. Put a pin in this as really the...
A Greek historian first wrote of them in the 5th Century BC. Marco Polo thought he saw some (but they were rhinos). Genghis Khan turned his army back from a planned invasion of India because one apparently bowed to him, which he thought was a...
Elio Motors CEO Paul Elio must be pretty happy. According to Growth Capital Investor, he has apparently raised about $17 million through his Regulation A+ Tier II offering and is getting ready to close and start trading on the OTCQX. He says he will need...
It's pretty rare but it happened. In January, there were zero IPO pricings. That hasn't happened since 2011. But there is hope for private companies seeking an orderly path to exit for investors. First, of course every time the IPO window shuts, it eventually opens...
As we know, Title III of the Jumpstart Our Business Startups (JOBS) Act of 2012 set up a system for companies to raise up to $1 million from any number of investors, whether or not accredited, without SEC registration of the offering. All offerings must...
What a year this was! As my law firm gets ready to host hundreds of people for its annual New Year's Eve event (we have a perfect view of the ball drop in our Times Square office), I'm thinking about how much has happened in...
The Jumpstart Our Business Startups (JOBS) Act of 2012 preempted state blue sky registration and qualification for what ultimately became Tier II Regulation A offerings under new SEC rules. So they cannot give comments on, hold up or prevent a company from offering Reg A+...