SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Equity Crowdfunding
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
DinoNavarre
Glenn Petersen
From: Thehammer3/15/2021 10:42:12 PM
2 Recommendations  Read Replies (1) of 65
 
Today the new SEC rules went into effect for equity crowdfunding. Posted on them before, but there are several important points:

1) Reg CF limits were raised from 1.07 million annually to 5 million

2) Reg A funding was raised from $50 million to 75 million (more stringent reporting and doc prep)

3) Ability to "test the waters" for corps ascertaining interest while at the same time prepping documents for a REG CF or A campaign.

4) Investment limits raised for non accredited investors and accredited investors now have no limits on amount they can invest.

I watched a kickoff meeting with Mr. Wonderful and the CEO of StartEngine Howards Marks today. I don't see it on line yet. Mr. Wonderful expounded on his reasons why the limit change from 1.07 million to 5 million was important to startups raising capital. My guess is that it will attract more potential companies.

SE kicked off a "test the waters" campaign for further funding.

Looks like several companies are coming back for funding or raising limits on existing campaigns.

Shark Wheel (on Wefunder) kicked off another campaign with a lower cap for the first $250K investing. I committed a few more bucks for my third investment into them. I have been intrigued by them since I first saw them on Shark tank. They have moved into quite a few additional markets from their initial skateboard wheels and have major deals with some caster and luggage companies. Now they are moving into farm equipment (wheels).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News