Law Blog Category: Pre-Effectiveness Period

Testing The Waters; Regulation A+ And S-1 Public Offerings – Part 2

July 26, 2016 in Form S-1, Free Writing Prospectus, JOBS ACT, Post- Filing Period, Pre-Effectiveness Period, Pre-Filing Period, Regulation A, Regulation A+, Rule 134, Rule 135, SEC, Section 5, Smaller Reporting Company, Test The Waters

Crowdfunding Direct Public Offerings

August 21, 2012 in Crowdfunding, Direct Public Offering (DPO), IPO, JOBS ACT, JOBS ACT and Crowdfunding, Pre-Effectiveness Period, Securities Attorneys

As a reminder, on April 5, 2012 President Obama signed the JOBS Act into law. Part of the JOBS Act is the Crowdfunding Act, the full title of which is the “Capital Raising Online While Deterring Fraud and Unethical Non-Disclosure Act of 2012”. The Crowdfunding Act creates a new exemption to the registration requirements under a newly designated Section 4(6) of the Securities Act of 1933, as amended. Although the Crowdfunding Act is, by definition, an exemption from the registration requirements and therefore a new form of private placement, innovative and forward thinking minds have already come up with a method of utilizing the crowdfunding methodology for a public, registered offering.