There has been a great deal of hyperbole and misinformation surrounding the use of the new SEC Regulation A+, which allows a private U.S. company to issue freely tradeable shares to the general public.
A new White Paper recently released by the SEC sheds some important light on how things are going since Regulation A+ went into effect back in June 2015. Most interesting to would be issuers is cost data: attorneys fees averaging $40,000 – $50,000, a far cry from a fully registered IPO. Many attorneys are reluctant to volunteer this information, as these relatively low cost figures to not fit within their business model.
Not so with Guzik & Associates or this writer.
I hope to publish a more detailed article next week in CrowdfundInsider.com. In the meantime, here is a link to the White Paper.
Happy Holidays and Happy New Year to all of my readers!