Tagged: regulation a

RealtyMogul Reports Topping $500 Million Invested, $136 Million Returned to Investors

RealtyMogul, a real estate crowdfunding marketplace, has topped $500 million in property investments since platform launch, according to a release. RealtyMogul also states that it has returned over $136 million to investors since 2013. RealtyMogul notes that it raised its first $250 million in invested… Read More

SeedInvest: NowRx Becomes “Most Raised Live Deal” After Topping $4 million

Launched last fall on SeedInvest, NowRx has recently topped $4 million. The Reg A+ offering is said to have secured the spot as “most raised live deal on SeedInvest.” Crowdfund Insider covered the NowRX crowdfunding round last October. At that time, it was reported that… Read More

After Raising $20 Million on SeedInvest, Knightscope Seeks Up to $50 Million on StartEngine

Knightscope, an autonomous robotics firm that provides “award-winning crime-fighting fully autonomous security robots and offers them on a Machine-as-a-Service (MaaS) business model in the U.S,” is seeking up to $50 million in a Reg A+ offering on StartEngine now. In 2017, Knightscope raised $20+ million… Read More

Longfin CEO Venkata S. Meenavalli Settles with the SEC Regarding Reg A+ Fraud Enforcement Action

The Securities and Exchange Commission has announced that Longfin Corp. CEO Venkata S. Meenavalli has agreed to pay $400,000 in disgorgement and penalties to resolve the SEC’s fraud action against him. Longfin was a blockchain-focused company that completed a Reg A+ securities offering and quickly… Read More

Modern Winery Winc Secures More Than $2.2 Million Through Reg A Tier II Funding Round on SeedInvest

Winc, a modern winery platform, has successfully secured more than $2.2 million through its Tier II Regulation A funding round, which took place on equity crowdfunding platform SeedInvest.  Founded in 2011, Winc describes itself as a modern winery with a direct connection to the consumer,… Read More

StartEngine Files to Crowdfund on TrueCrowd? [u]

This is a first. StartEngine has filed a Form C with the Securities and Exchange Commission (SEC) to raise capital under Reg CF on TrueCrowd – a different crowdfunding platform. Both StartEngine and TrueCrowd are FINRA regulated funding portals. Typically, platforms self-crowdfund instead of listing… Read More

Jet Token Files Reg A+ Offering, Plans to Follow in Turnkey Jet’s Footsteps with Non Security Token

Remember  Turnkey Jet? The first no-action letter recipient for a digital asset, or token, that was deemed not to be a security by the Securities and Exchange Commission. We do, but we have heard little about the company since the news hit. The Turnkey Jet… Read More

DSTLD CEO Says Ready to Proceed with Goal of Listing on NASDAQ Following Close of Reg A+ Offering

DSTLD (or Digital Brands Group), a fashion brand and direct to consumer e-retailer, is preparing to close its Reg A+ investment crowdfunding offer hosted on StartEngine. Once the offer closes, DSTLD appears to be ready to try and list its shares on NASDAQ, according to… Read More

Modern Winery Winc Seeks Up to $15 Million on SeedInvest

Winc, a “modern winery” that wants to directly connect their brands to consumers is looking to raise up to  $14,999,550 in a Series D round hosted on SeedInvest. The securities offering for preferred equity is being offered under Reg A+. SeedInvest highly vets issuers that… Read More

Real Estate Investment Platform Fundrise Touts Performance Over Past 5 Years

Fundrise, a digital marketplace for real estate investments, is distributing an email touting platform returns. Fundrise started as a single property investment crowdfunding platform that has since migrated over to an unlisted REIT platform offering a diverse group of “eREITs” or funds targeting different sectors… Read More

How Much Does a Reg A+ Offering Cost?

Manhattan Street Capital has circulated an email that outlines the cost of doing a Reg A+ securities offering. While I know not everyone may agree with their analysis, Manhattan Street Capital is a platform that facilitates Reg A+ offerings and thus has some boots on… Read More

Harbor Gains Approval as SEC Registered Transfer Agent to Expand Scope of Digital Securities Services

Harbor has received regulatory approval to operate an SEC-registered transfer agent, according to a company release. Habor recently received approval to receive a Broker-Dealer License from FINRA. The approval will help expand Harbor’s digital securities services including Reg A+, alternative assets and other traditional capital… Read More

Legion M’s 5th Crowdfunding Round Scheduled to Close Next Week, $9 Million Raised Over Time

In less than 7 days, Legion M will close its 5th crowdfunding round currently hosted on Wefunder under the Reg A+ exemption. According to the campaign page, Legion M has raised $4.86 million from 15,792 investors but a not from the company indicates that lifetime… Read More

Automation Finance Files Fourth Reg A+ Offering, Reports Average Return of 21.5% to Investors

Automation Finance (AF), a distressed debt platform in the real estate sector, is seeking $50 million in a Reg A+ offering. Founded in 2015, AF claims that it has returned a weighted average of 21.5% to investors in its 3 earlier funds. This newest offering… Read More

Reg A+ Issuer Blockstack Has STX Token Listed on Binance and HashKey Pro

New York-based Blockstack, a decentralized computing network where users control their data and login information, announced that its Stacks (STX) token has been listed on digital asset exchanges Binance and HashKey Pro. Hashkey Pro is a Hong Kong based digital asset exchange for institutional investors…. Read More

Fatburger Parent Company, FAT Brands, to Issue Bond Token on Ethereum

FAT Brands (NASDAQ:FAT), the parent company of restaurant chains Fatburger, Bonanza Steakhouse, Ponderosa Steakhouse, Buffalo’s Cafe, Elevation Burger and Hurricane Grill & Wings, reportedly plans to sell $30 million USD in bonds tokenized on the Ethereum blockchain network. According to Asset-Backed Alert, FAT Brands is… Read More

3rd Round: NowRx Seeks $20 Million as it Returns to SeedInvest with Crowdfunded Offering

NowRx, an on-demand pharmacy that provides same-day delivery, is returning to SeedInvest for its 3rd crowdfunded offering. NowRx is seeking up to $20 million on a pre-money valuation of $65 million. Like many of the offerings on SeedInvest, investors get preferred equity in the Series… Read More

Republic Adds More Perks to its Note Token, Still No Qualification on Reg A+

Republic launched its Note token earlier this year. In July, Republic shared that over 3 million of the digital assets have been distributed since it was revealed. This week, Republic revealed more “rewards” affiliated with Note as well as more ways to earn the token…. Read More

SEC Receives $6.8 Fraud Judgement Against Reg A+ Issuer Longfin and Former CEO Venkata S. Meenavalli

On September 26, 2019, Judge Denise L. Cote of the U.S. District Court for the Southern District of New York entered a default judgment against Longfin and former CEO Venkata S. Meenavalli ordering a total of $3,532,235 in disgorgement of all proceeds raised in Longfin’s… Read More

Fig Portfolio Shares: Crowdfunding Platform Enables Investors to Back Portfolio of Games

Fig Reports Majority of Released Games are Profitable Fig, a unique investment platform that was “created for gamers, by gamers,” has announced a new offering “Fig Portfolio Shares.” Fig will now provide access to investors to a basket of securities from games funded by Fig… Read More

Send this to a friend