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> if Indiegogo will even be able to get this past the SEC It is already legal, the SEC passed Regulation A+ in 2015. Companies must be approved by the SEC for
by caleblloyd 10y ago
> if Indiegogo will even be able to get this past the SEC
It is already legal, the SEC passed Regulation A+ in 2015. Companies must be approved by the SEC for Regulation A+ and then they can sell their offering to unaccredited investors. There is limitations in number of investors and the dollar amount of investments.
I work for Issuer Direct and we help companies apply for Reg A+ and get funded.
- LoSboccacc 10y agoWhat about international unaccredited investors? Say, from Italy?
- caleblloyd 10y agoI'm not exactly sure. Most of the recent "1-A" SEC Forms filed only have US States listed under "Jurisdictions in Which Securities are to be Offered" https://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=&type=1-A&action=getcurrent https://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=&type=... There may be some other section that addresses the international portion of the offering. All of the companies going through Reg A+ have lawyers familiar with it writing these filings and telling the company what they should and shouldn't do. If you find one you want to invest in, your best bet is contacting the Company's Investor Relations department and they'll let you know.
- bluetwo 10y agoWhen they passed the regulation I thought there would be a flood of broker companies trying to get the $2K (i think that was the limit) from as many people as possible. So far it doesn't look like there has been a flood. Any idea why?