Press Release – HOUSTON, April 29, 2016 – NextSeed US LLC (“NextSeed”) became a Funding Portal member of FINRA on April 28, 2016. Headquartered in Houston, TX, NextSeed (https://www.nextseed.co/) will operate an online investment platform that allows U.S. small businesses to offer debt securities to private investors. NextSeed will be one of the first funding portals in the U.S. to facilitate crowdfunding offerings pursuant to Title III of the JOBS Act (“Regulation Crowdfunding”).
Investors that have not met specific income and net worth qualifications of “accredited investors” have been generally excluded from investing in private businesses. Under Regulation Crowdfunding, however, private businesses in the U.S. will now be able to crowdfund up to $1 million per year by offering securities to all investors (including non-accredited investors) through online platforms operated by funding portals, such as NextSeed, or broker-dealers.
NextSeed will facilitate the offer and sale of debt se…