4 ms·
These new regulations are pretty much meaningless: >Regulation A deals will not be fast, or cheap. Kendall Almerico, the lawyer preparing StarShop’s paperwork,
by asift 11y ago
These new regulations are pretty much meaningless:
>Regulation A deals will not be fast, or cheap. Kendall Almerico, the lawyer preparing StarShop’s paperwork, says a typical company will need to spend $50,000 to $100,000 on legal, accounting and filing fees. Every offering must be reviewed by and gain approval from the S.E.C., a process that takes more than 300 days, on average.
If anyone is interested in the origins of blue sky laws, this is an interesting read (http://digitalcommons.law.yale.edu/cgi/viewcontent.cgi?article=2679&context=fss_papers http://digitalcommons.law.yale.edu/cgi/viewcontent.cgi?artic...)
- vonklaus 11y agoan ipo costs ~1M and has recurring fees annually totally about ~1.5M[0]. I don't think this will be as revolutionary as some people are claiming it will be, but if there is less regulation you could see companies doing a kickstarter like model independently as a series A. > Every offering must be reviewed by and gain approval from the S.E.C., a process that takes more than 300 days, on average. Where did this stat come from? How is there an average if the law and approval are for something that does not currently exist? [0]http://www.pwc.com/en_us/us/transaction-services/publications/assets/pwc-cost-of-ipo.pdf http://www.pwc.com/en_us/us/transaction-services/publication...