CrowdCheck Blog

Since the increase in the maximum offering amount to $5 million a couple of years ago, we’ve seen more interest in Reg CF offerings by venture-backed companies. Sadly, it doesn’t work for a lot of them. This is because of what we refer to as the “issuer aggregation rule”. Rule 100(c) explains that “issuer” for the purpose of calculating the $5 million limit (and also determining whether an issuer is a first-time user of Reg CF) includes all entities controlled by or under common control with…

Since the increase in the maximum offering amount to $5 million a couple of years ago, we’ve seen more interest in Reg CF offerings by venture-backed companies. Sadly, it doesn’t work for a lot of them. This is because of what we refer to as the “issuer aggregation rule”. Rule 100(c) explains that “issuer” for the purpose of calculating the $5 million limit (and also determining whether an issuer is a first-time user of Reg CF) includes all entities controlled by or under common control with…

Since the increase in the maximum offering amount to $5 million a couple of years ago, we’ve seen more interest in Reg CF offerings by venture-backed companies. Sadly, it doesn’t work for a lot of them. This is because of what we refer to as the “issuer aggregation rule”. Rule 100(c) explains that “issuer” for the purpose of calculating the $5 million limit (and also determining whether an issuer is a first-time user of Reg CF) includes all entities controlled by or under common control with…

Since the increase in the maximum offering amount to $5 million a couple of years ago, we’ve seen more interest in Reg CF offerings by venture-backed companies. Sadly, it doesn’t work for a lot of them. This is because of what we refer to as the “issuer aggregation rule”. Rule 100(c) explains that “issuer” for the purpose of calculating the $5 million limit (and also determining whether an issuer is a first-time user of Reg CF) includes all entities controlled by or under common control with…

Since the increase in the maximum offering amount to $5 million a couple of years ago, we’ve seen more interest in Reg CF offerings by venture-backed companies. Sadly, it doesn’t work for a lot of them. This is because of what we refer to as the “issuer aggregation rule”. Rule 100(c) explains that “issuer” for the purpose of calculating the $5 million limit (and also determining whether an issuer is a first-time user of Reg CF) includes all entities controlled by or under common control with…

Since the increase in the maximum offering amount to $5 million a couple of years ago, we’ve seen more interest in Reg CF offerings by venture-backed companies. Sadly, it doesn’t work for a lot of them. This is because of what we refer to as the “issuer aggregation rule”. Rule 100(c) explains that “issuer” for the purpose of calculating the $5 million limit (and also determining whether an issuer is a first-time user of Reg CF) includes all entities controlled by or under common control with…

Since the increase in the maximum offering amount to $5 million a couple of years ago, we’ve seen more interest in Reg CF offerings by venture-backed companies. Sadly, it doesn’t work for a lot of them. This is because of what we refer to as the “issuer aggregation rule”. Rule 100(c) explains that “issuer” for the purpose of calculating the $5 million limit (and also determining whether an issuer is a first-time user of Reg CF) includes all entities controlled by or under common control with…

This is a question we often get from companies as they are trying to organize their cap table, or provide information to a transfer agent. Many companies seem to be of the belief that shares are not actually issued until a certificate is prepared, or that the shares are recorded on the company’s internal ledger, or the transfer agent’s ledger. However, this is not correct. Taking a step back, investors commit to acquire a company’s shares by signing a subscription agreement (which may also be…

This is a question we often get from companies as they are trying to organize their cap table, or provide information to a transfer agent. Many companies seem to be of the belief that shares are not actually issued until a certificate is prepared, or that the shares are recorded on the company’s internal ledger, or the transfer agent’s ledger. However, this is not correct. Taking a step back, investors commit to acquire a company’s shares by signing a subscription agreement (which may also be…

This is a question we often get from companies as they are trying to organize their cap table, or provide information to a transfer agent. Many companies seem to be of the belief that shares are not actually issued until a certificate is prepared, or that the shares are recorded on the company’s internal ledger, or the transfer agent’s ledger. However, this is not correct. Taking a step back, investors commit to acquire a company’s shares by signing a subscription agreement (which may also be…