Jul 22, 2016 • 19M

#445: Seed Equity Looks to Streamline Regulation A+ Offerings

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Devin Thorpe
Some of the world's great changemakers join host Devin Thorpe to share leadership lessons you can use to increase your impact.
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Never miss another interview! Join Devin here: http://bit.ly/joindevin. Read the full GoodCrowdinfo article and watch the interview here: http://bit.ly/29Erjtc. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. --------------------------- Following the passage of the 2012 JOBS Act, the greatest excitement in the startup finance community was on Title III, which has now been implemented by the SEC as Regulation Crowdfunding. Title IV of the Act, however, is proving to be where the real action is. The SEC’s implemented the rules for Regulation A+ on June 19. An article by Amy Wan at Crowdfund Insider provides some key statistics about offerings being conducted under the act. 105 offerings were filed, 44 of which were “qualified” by the SEC. Elio Motors raised almost $17 million earlier this year. Paul Elio joined me twice in the last year to discuss his offering, here and here. The scale of that offering suggests appropriately that Reg A+ offerings are not intended for idea-stage or seed-stage transactions. They may be best seen as a path to an early and more affordable IPO, as the shares of a company that has completed a Reg A+ offering can be listed. Seed Equity Ventures, a sponsor of our work here at GoodCrowd.info, is a FINRA-registered broker dealer providing investment banking services to early-stage companies. Founder and CEO Todd Crosland has indicated that the firm hopes to make it easier and more affordable for small companies to raise money with a Reg A+ offering. Todd notes that Seed Equity’s inside legal counsel will work with companies and their legal advisors to ensure complete and affordable regulatory compliance. The firm will help with the company’s offering materials, the closing process and “everything in between,” he says. --------------------------- Read the full GoodCrowdinfo article and watch the interview here: http://bit.ly/29Erjtc. Need a speaker for an event, learn more about Devin Thorpe at devinthorpe.com.