What is a CIK Number?
Recently, we received a question from an issuer who asked what a CIK number is. If you have ever filed a form with the Securities…
10 RegA+ Issuers Penalized for SEC Violation: What Can We Learn?
We’ve discussed compliance at length and how it’s essential for building trust within the private capital markets. But what happens when you’re not compliant? The…
Approaching the 11th Anniversary of the JOBS Act
Eleven years ago, the Jumpstart Our Business Startups (JOBS) Act was signed into law in a White House Rose Garden ceremony. Looking back on this…
Reforms to RegD
With Regulation D (RegD) offerings, companies are exempt from registering securities with the SEC. Under RegD, companies can raise capital from accredited investors (and a…
5 Tips for Frictionless Capital Raising
Raising capital can be a tricky process. Fortunately, with the JOBS Act and its exemptions from SEC registration under RegA+, RegCF, or RegD, entrepreneurs can…
SEC Amends Broker-Dealer Record-keeping Requirements
The SEC’s long-time policy for broker-dealers is to keep records of their business activities in a non-rewritable, non-erasable format – otherwise known as WORM (Write…
What is Rule 145?
The Securities Act, passed in 1933, was created to protect investors following the stock market crash in 1929. It offers protection by ensuring more transparency…
What You Need to Know About RegCF
Raising capital is always a challenge, especially in the startup sector, which means that it’s vital to understand all the options available and how they…
What You Need to Know About RegA+
If you are an entrepreneur looking to raise funds, you may have heard of Regulation A+, often referred to simply as Reg A+. This alternative…
What are the Differences Between Regulations A, CF, D, and S?
When it comes to raising capital, there are various ways you can raise money from investors. And while they all have their own specific compliance…
How Can an Update on RegD Impact Private Markets?
Far larger than the initial public offering (IPO) market, Regulation D is incredibly important within the private capital markets, facilitating over $1 trillion in capital…
Celebrity Endorsements of Investment Opportunities
When it comes to investing, celebrities are just like the rest of us. They need to do their research before putting their money into anything….
Howey Test: What is it?
The Howey Test is a simple but important test used by the US Securities and Exchange Commission (SEC) to determine whether an investment contract is…
What is the Role of FINRA?
When it comes to investment, there are a lot of things to think about. You want to make sure that you’re making smart decisions with…
SEC Charges Eight in Scheme to Fraudulently Promote Securities Offerings
On September 30, 2022, the SEC announced charges against 8 CEOs and CFOs for fraudulently promoting Regulation A+ securities offerings. The companies named by the…
The SEC Released its 41st Annual Small Business Forum Report
For 41 years, the Securities and Exchange Commission has hosted its annual Small Business Forum. The event, led by the SEC’s Office of the Advocate…
It is time to meet your MedTech A+ Team
With our KoreSummit on RegA + for Medtech companies quickly approaching, we’d like to introduce the speakers we are thrilled to have for this informative…
How Can a Foreign Company use RegA+
For many issuers outside of the United States, the ability to raise capital from a wide pool of investors, including “the crowd” is immensely compelling….
What Does ATS Mean in Trading
Many investors are turning to the private capital market to make long-term investments in light of the current market conditions. This has increased alternate trading…
Trends We Believe Will Shape Investment Crowdfunding
In the first half of the year, a great deal has happened in investment crowdfunding. We’ve seen several trends emerge that are worth looking at…
It All Started with the JOBS Act
This month, we launched our newest series, KoreTalkX, during which we have hosted exciting, one-on-one conversations with industry experts to expand the knowledge base on…
Security Tokens for RegA+
Although security tokens have been around for a while, they have started to gain popularity because they offer several advantages over traditional investment vehicles. In…
Credit Cards, Escrow, and Broker-Dealers for RegA+ = $75 Million for Cannabis Companies
“It’s About Time” Up until now, it was a real challenge for Cannabis companies to take advantage of Reg A+ exemptions that allow…
What are the Benefits of Having a Diverse Investment Portfolio?
Building a diverse investment portfolio is one of the smartest things you can do for your financial health. By spreading your money across various asset…
Foreign Investors Key Considerations for Your Next Deal
This post was originally written by our KorePartners at Crowdfunding Lawyers. View the original post here. When discussing fundraising for your deals, most of…
Can I Use My IRA for Private Company Investments?
Individual retirement accounts (commonly shortened to IRAs) allow flexibility and diversity when making investments. Whether investing in stocks, bonds, real estate, private companies, or other…
What is Regulation S?
It is essential to be familiar with the different regulations that govern how companies can raise capital in today’s business world. One important rule is…
What is Regulation A+?
Regulation A+ (RegA+) was passed into law by the SEC in the JOBS Act, making it possible for companies to raise funding from the general…
How Have the JOBS Act Exemptions Impacted Company Founders?
Since the JOBS Act was passed in 2012, it has been easier for company founders to raise money with exemptions like Reg CF and Reg…
Why are Data and Research Key in the Private Capital Markets?
Data and research are essential pieces of the puzzle regarding the private capital markets. Investors can make informed decisions about where to put their money,…
The Evolution of Reg A+
During the recent Dare to Dream KoreSummit, David Weild IV, the Father of the JOBS Act, spoke about companies going from public to private, access…
End to End for RegCF
When the JOBS Act was signed into law in 2012, it brought about many changes in the private capital markets, namely, the dramatic increase in…
How Does a Transfer Agent Protect Issuers and Investors?
A transfer agent is responsible for the custody of securities and preserves books and records. They also keep up with who owns what investment, which…
What are the Benefits of Digital Securities for Issuers and Investors?
With the emergence and development of blockchain technology, digital securities have seen wider adoption by investors and investment firms. Arising from the need for protection…
What is the Difference Between the Public and Private Capital Markets?
The public and private capital markets work differently, but both sectors play essential roles in supporting economic growth. Companies raise funds for long-term growth…
What is an NFT?
A non-fungible token, more commonly known as NFTs, is a unique cryptographic asset that cannot be replicated and stored on a blockchain. By definition, fungibility is when…
$1 Billion Raised Through RegCF
It seems 2021 is the year where we continue to break new ground for the JOBS Act, and today marks a momentous milestone in its…
Tokenization in RegA+
As the private capital market continues to undergo a digital transformation, ideas like blockchain, digital securities, and tokenization continue to be discussed by regulators, issuers,…
Why do I need Blue Sky registration for Secondary Trading?
Through the Regulation A+ exemption, securities issuers can raise up to $75 million as of March 2021. This creates a significant opportunity for the everyday…
How often do I need to hold an AGM?
Every year, Warren Buffet hosts the Berkshire Hathaway Annual Shareholders Meeting. This meeting is an Annual General Meeting (AGM), widely viewed with many people in…
How to Select a Crowdfunding Platform for Your Capital Raise
One of the significant advancements brought to the financial sector in recent years was the enaction of the JOBS Act signed into law by President…
What is KYP?
Previously, we have talked about KYC or Know Your Client. KYC is a rule from the non-profit Financial Industry Regulatory Authority (FINRA), created in the…
What is the Difference Between Fiduciary Responsibility and Regulatory Requirement?
By definition, a fiduciary is a person or an organization who holds a legal or ethical relationship of trust with another person or organization. Typically,…
Why are Background Checks Important?
Money laundering is a global issue, with the United Nations estimating that between $800 billion and $2 Trillion are laundered each year, with 90% of this…
What are Options?
Like warrants, options are a form of security called a derivative. As a derivative’s name suggests, these securities gain their value from an underlying asset….
What is KYC?
In 2007, the SEC approved the founding of the non-profit Financial Industry Regulatory Authority (FINRA). FINRA was created in the wake of a failing economy…
What is Regulated Crowdfunding
On April 5th of 2012, President Obama signed into law legislation called the JOBS Act. Four years after that act was signed, Title III of…
What is a RegA+ Annual Shareholder Meeting?
With Regulation A+ allowing companies to raise up to $75M USD, the regulation enables many great investors to support an issuer’s journey. From the everyday…
Reg A and Reg CF Issuers: Time to Count Your Shareholders!
Reg A and Reg CF have been around for a few years now and we are finding that some of our clients, especially those that…
What Impact Will Blockchain Have on Private Markets?
Blockchain has become a familiar buzzword, especially as things such as cryptocurrency grow in popularity. Currently, 46 million Americans now own Bitcoin. However, blockchain has many…
What is the Role of a Corporate Secretary?
A Corporate Secretary is a required position set forth by state corporation laws and is part of the ‘check and balance’ on board members and…
Shareholder Rights and Why They’re Important to Know
The first thought that comes to mind when someone says “shareholder,” is Wall Street, understandably, as Wall Street is home to the New York Stock…
What is Due Diligence?
When it comes to investments of any kind, due diligence is essential for both issuers and investors alike. Do so what exactly is due diligence?…
Are You Ready to Raise Capital?
Whether you’ve raised capital in the past or are preparing for your first round, being properly prepared will help your company secure the funding it…
How a Member of the Crowd Made Crowdfunding Easier
A while back, one of our favorite start-up clients called me and asked me to speak to a potential investor. Paul Efron, a resident of…
Managing Your Investments in Private Companies
For investors, investing in private companies can be a beneficial way to diversify their investment portfolios. Whether the investment was made through private equity or…
KorePartner Spotlight: Jonny Price, Vice President of Fundraising at Wefunder
With the recent launch of the KoreConX all-in-one platform, KoreConX is happy to feature the partners that contribute to its ecosystem. Jonny Price has…
Conducting a Successful RegA+ Offering
If your company is looking to raise funding, you’ve probably considered many options for doing so. Since the SEC introduced the outlines for Regulation A+…
Tax Alert for Sponsors and Fund Managers: IRS Issues Final Regulations for Carried Interests
Every real estate syndication and private investment fund involves a “carried interest” for the sponsor, also known as a “promoted interest.” The IRS just issued…
The State of the Jobs Act 2021 KoreSummit Webinar
The JOBS Act was signed into law just nine years ago, in April of 2012. Since then, thousands of companies have taken advantage of the…
Regulation A+ Is Even Better After Passage Of The Economic Growth Act
On May 24, 2018, President Trump signed the Economic Growth, Regulatory Relief and Consumer Protection Act (the Act) into law. The Act was introduced by…
Using a Transfer Agent Doesn’t Mean You Have a Single Entry on Your Cap Table
Many issuers are concerned that “Crowdfunding will screw up my cap table.” In response, several Title III funding portals offer a mechanism they promise will…
Why Does My Company Need a 409(a)?
Whether your company is a new startup or an established private company, understanding and proper use of a 409(a) is essential to your company’s success….
KorePartner Spotlight: Sara Hanks, CEO of CrowdCheck
With the recent launch of the KoreConX all-in-one RegA+ platform, KoreConX is happy to feature the partners that contribute to its ecosystem. With over…
KorePartners Spotlight: Rod Turner, Founder, Chairman, and CEO of Manhattan Street Capital
With the recent launch of the KoreConX all-in-one RegA+ platform, KoreConX is happy to feature the partners that contribute to its ecosystem. Rod Turner is…
Bringing Private Placements into the Digital Age
How blockchain-based technology will transform private markets Remember the first time you drove a car with a rear-facing camera? The first time you streamed…
How Can a Company Raise Capital?
For companies looking to raise capital, there are many different options. While not every option may be best suited for every company, understanding each will…
What is Regulation A+?
Regulation A+ (RegA+) was passed into law by the SEC in the JOBS Act, making it possible for companies to raise funding from the general…
Effective Date of the Amendments to Reg CF and Reg A
The amendments to Reg CF, Reg A, and other rules relating to capital formation utilizing exempt offerings have finally been published in the Federal Register,…
Meet the KorePartners: Andrew Corn, CEO of E5A Integrated Marketing
With the recent launch of the KoreConX all-in-one RegA+ platform, KoreConX is happy to feature the partners that contribute to its ecosystem. From the…
Warrant Issuers, Keep Your Offering Statement Evergreen
An increasing number of issuers have been using Regulation A to make continuous offerings of units, consisting of a combination of equity, often common stock,…
Foreign Issuers Using Regulation A and Regulation CF
For some reason, this issue has been coming up a lot lately. Our usual response to the question “Can non-US issuers make a Regulation A…
What is the Role of a Transfer Agent for a Private Company?
For companies issuing securities to investors, a transfer agent plays an important role in the process. If your company has yet to issue securities but…
How to be Ready for Raising Capital
Whether you’ve raised capital in the past or are preparing for your first round, being properly prepared will help your company secure the funding it…
What are Blue Sky Laws and Why are They Important?
Originating in the aftermath of the Great Depression, “blue sky laws” were made possible by the Uniform Securities Act of 1956. Leading up to the…
Can I Use My IRA for Private Company Investments?
Individual retirement accounts (commonly shortened to IRAs) allow flexibility and diversity when making investments. Whether investing in stocks, bonds, real estate, private companies, or other…
Reg CF Investment Vehicles: What Are They Good For?
In its recent rulemaking, the SEC added new Rule 3a-9 under the Investment Company Act to allow for the use of “crowdfunding vehicles” for Reg…
Why is a Broker-Dealer Important for Private Company Offerings?
If you’re looking to raise money for your private company, chances are that you’ve at least heard the term “broker-dealer.” However, if you’re new to…
SEC Proposes Relief for “Finders”
I have long (oh so long) been one of those urging the SEC to give some clarity with respect to the status of “finders.” See here for…
Regulation A Offering Limits Increased to $75 Million
On Monday, November 2, exciting news was announced by the SEC regarding Regulation A offerings. The Securities and Exchange Commission approved long-awaited amendments to offering…
Equity Crowdfunding Platforms (RegCF)
As of 02 JUNE 2020, there are 51 active RegCF Equity Crowdfunding Platforms helping companies raise up to $1.0M USD. We are all anticipating that RegCF…
FINRA BD Requirements for RegA+ & Digital Securities
FINRA BD Requirements for RegA+ & Digital Securities The private markets are receiving a much updated revamp by the SEC which is having a major…
What is Reg A plus versus Reg A?
The simple answer is that today, Regulation A (Reg A) and Regulation A+ (Reg A+) are the exact same law. There is no difference, and…
Why is my cap table so important for my company?
It’s never too early in the process of building a company to start managing your capitalization table (otherwise known as a cap table). As a…
SEC changes to RegA+ and RegCF
On 04 March 2020, the US Securities Exchange Commission (SEC) has laid out the proposed changes that are going to have a major impact on…
Facebook’s Libra Reboots the Crypto World
Facebook Libra Project set’s to rebook the crypto world. Since the announcement by Facebook of their Libra Project, everyone in the world came out with…
Webinar sheds light on Digital Securities Terrain
The regulator’s message is clear: there’s no room for tampering with the regulation when it comes to capital raising, and many companies that invested time…
Who do you trust with your Crypto?
“The great thing about trustless cryptocurrency systems is just how many incompetents you have to trust along the way.” – David Gerard, author of Attack…
Lessons To Be Learned From The SEC’s Recent Penalties for ICO Companies
The Securities and Exchange Commission recently brought their regulatory hammer down on several ICO-related companies. After months of public statements from officials and rumors of numerous subpoenas…
Difference between Crypto and Security Token
Is there a difference between cryptocurrency and a security token? The answer is yes, there is a big difference. And it is time we get…
Top Questions a Securities Lawyer will Ask an STO Issuer (in USA or Canada)
Security Token Offering is a serious business. The days of the ICO are over. These are clear messages not only from the SEC and other…
A Big Lesson from the Delaware Blockchain Amendments
Andrea Tinianow, the founding director of the Delaware Blockchain Initiative (and ‘Blockchain Czarina’), recently published a very insightful article on the significant gap in the…
Capital Raising “Capital markets point of view” dealer
For private issuers, raising capital is the next natural step once you have exhausted other traditional forms of financing. It becomes even more enticing when…
