Why go public? -- Pre-2012: the history of Regulation A & the death of small Company IPOs -- The Jobs Act and its genesis -- The SEC's rules under Title IV Regulation A+; Court challenge -- Offering statement and light reporting preparation; testing the waters -- Early experience with Regulation A+? Wall Street partners with Main Street -- Potential changes to Regulation A -- Basics of reverse mergers -- Troubled industry: China, seasoning rules, bogus shells -- The future of reverse mergers -- Special Purpose Acquisition Companies (SPACs) -- Self-filings -- Other IPO alternatives -- The experts speak? A look ahead.
Summary:
This book delves into the details of the new SEC rules under the JOBS Act of 2012 to examine the benefits and pitfalls for entrepreneurs and investors. Written by the 'Godfather of Reg A+, ' this book breaks down the complex details of Regulation A+ and other alternative funding methods to help small businesses determine how best to go public and raise capital. A traditional IPO comes with barriers that can be insurmountable for a small company seeking to enter the public markets; thus far, reverse mergers have provided a challenging 'back door' to the market, but Regulation A+ re-opens the front door to allow small cap companies to raise capital while keeping offering and compliance costs manageable in a way not possible with a traditional IPO. More complex than simple crowdfunding, yet just as accessible by all investors, Regulation A+ is a step up for entrepreneurs at any stage wanting to go public where Wall Street meets Main Street.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.