Insight

On December 19, the Securities and Exchange Commission announced the adoption of rules that will permit reporting companies to use Regulation A for their securities offerings.

Regulation A provides an exemption from registration under the Securities Act of 1933.  It was overhauled in 2015 to facilitate capital-raising.  The new, improved Reg A+, as it was known, generated positive reviews but was not available to reporting companies.  The new rules change that, permitting reporting companies to use Regulation A for offerings of up to $50 million in any 12-month period.  The new rules also permit reporting companies to meet the ongoing reporting requirements of Regulation A through their regular Exchange Act reports.

Further details on this matter will be available shortly on The Securities Edge, our securities and governance blog. If you have any questions in the meantime, please contact Gunster securities law and corporate governance practice leader Bob Lamm.

Related Professionals

Jump to Page

Gunster Cookie Preference Center

Your Privacy

When you visit our website, we use cookies on your browser to collect information. The information collected might relate to you, your preferences, or your device, and is mostly used to make the site work as you expect it to and to provide a more personalized web experience. For more information about how we use Cookies, please see our Privacy Policy.

Strictly Necessary Cookies

Always Active

Necessary cookies enable core functionality such as security, network management, and accessibility. These cookies may only be disabled by changing your browser settings, but this may affect how the website functions.

Functional Cookies

Always Active

Some functions of the site require remembering user choices, for example your cookie preference, or keyword search highlighting. These do not store any personal information.

Form Submissions

Always Active

When submitting your data, for example on a contact form or event registration, a cookie might be used to monitor the state of your submission across pages.

Performance Cookies

Performance cookies help us improve our website by collecting and reporting information on its usage. We access and process information from these cookies at an aggregate level.

Powered by Firmseek