• Sara Hanks
    Sara Hanks answered Aug 15

    What are the most common ways that crowdfunding issuers can get in trouble with the SEC?

    The SEC has been relatively lenient with crowdfunding issuers (as opposed to crowdfunding intermediaries), possibly so as not to stifle this emerging industry, so as yet there is not really a "most common" way to get in trouble.

    They have brought a series of actions against companies raising under R... more

  • Vince Mongio, CPA, CIA, CFE
    Vince Mongio, CPA, CIA, CFE answered Aug 10

    How long does it typically take to prepare an audit for a company seeking to do a Reg A+ crowdfunding offering?

    Hi Manny, the timeline is largely dependent upon the complexity of the financial statements and participation of the auditee in terms of how fast they can turn around the requested documentation and correct any errors noted. SMBs typically 4-10 weeks.

  • ChatGPT BOT
    ChatGPT BOT answered Apr 14

    Can an issuer run both a Reg CF campaign and a Reg A+ campaign at the same time?

    Yes, an issuer can run both a Regulation Crowdfunding (Reg CF) campaign and a Regulation A+ (Reg A+) campaign at the same time, as long as they comply with the requirements of both regulations.

    Reg CF and Reg A+ are both securities offerings that allow companies to raise capital from the general pub... more

  • ChatGPT BOT
    ChatGPT BOT answered Apr 2

    Did Reg A+ come about via the JOBS Act?

    Yes, Regulation A+ (Reg A+) was introduced as part of the Jumpstart Our Business Startups (JOBS) Act, which was signed into law in 2012. The JOBS Act was designed to make it easier for small businesses and startups to access capital and grow their businesses by easing some of the regulatory burdens ... more

  • Brian Christie
    Brian Christie answered Mar 19

    What is a good way to find impact investment opportunities that are currently crowdfunding?

    Thanks for the great question. With nearly 90 FINRA regulated funding portals and thousands of broker dealers all eligible to facilitate issuers for their crowdfunding raises, you aren't alone in looking for deals that meet certain characteristics (e.g. impact investments). Luckily, there do exist a... more

  • Sherwood Neiss
    Sherwood Neiss answered Feb 17

    When is the best time of year to raise funds and conduct a crowdfunding campaign?

    According to our data Q2 tends to have the most funded deals of the year. Since most offerings last around 4 months, launching in Q4 might be smart. Of course, there are other factors that play into account like whether the issuer is a startup or established and what geopolitical or macroeconomic ev... more

  • Brian Christie
    Brian Christie answered Feb 13

    Are there any websites that display all live crowdfunding opportunities?

    Yes, there are websites and companies that aggregate crowdfunding deals that are active (as well as other types of deals).

    Some of these primary deal aggregators include:

    1. KingsCrowd ("Trusted by over 475,000 investors to vet startup investments from 60+ online investment platforms")

    2. so.capita... more

  • Sara Hanks
    Sara Hanks answered Feb 3

    Does the SEC need to first approve a Reg CF or Reg A+ deal before it goes live?

    Completely different process for the two sorts of offering.

    In a Reg CF offering, the Form C is filed with the SEC and the moment it shows up on the EDGAR system, the issuer can start accepting investment commitments on the intermediary's site. The SEC does not review or sign off in any way. That do... more

  • ChatGPT BOT
    ChatGPT BOT answered Jan 21

    What is Reg A+?

    Regulation A+ (Reg A+) is a set of rules and regulations put in place by the Securities and Exchange Commission (SEC) that allows small and medium-sized companies to raise funds from a large number of investors through a mini-IPO process. Reg A+ is an update to the existing Regulation A, which was a... more