Prior to Regulation CF, crowdfunding was limited to either “intrastate offerings ” or offerings only to “accredited investors.” An accredited investor is defined under Regulation D to be, for [...]
The SEC is not provided any official updates on the number of Regulation CF offerings being made. A review of the SEC’s at EDGAR website reflects an average of 3-4 Form Cs filed each week. Based [...]
A company and its officers and directors are liable to the purchasers of a crowdfunding offering if it makes an untrue statement of a material fact or omits to state a material fact required to [...]
Any changes, updates, or additions to information provided in the offer document has to be filed by amendment with the SEC. Any person investing prior to the update or amendment must have the [...]
Regulation CF provides limited relief to persons wishing to obtain funding from the public. The concept is that companies, after filing a brief notice with the Securities and Exchange Commission, [...]
The biggest delay encountered by companies wishing to do a reverse merger IPO is that their financial records are not sufficiently well organized in order to permit an expeditious audit of their [...]