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Entries tagged “exempt offering”

The Exempt Offering Ecosystem: What the SEC Changed

insights The Exempt Offering Ecosystem: What the SEC Changed Dror Futter · November 11, 2020

The SEC announced a series of amendments (likely to be effective early next year) to the rules governing private offering exemptions – by far the most frequent path for venture fundraising. The amendments retain the same “menu” of exemptions but make incremental improvements. For the early-stage community, the amendments include a very useful provision that excludes “Demo…

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Let the Fundraising Begin: SEC Harmonizes and Improves its Exempt Offering Framework

insights Let the Fundraising Begin:  SEC Harmonizes and Improves its Exempt Offering Framework Debbie A. Klis · November 6, 2020

On November 2, 2020, the Securities and Exchange Commission (“SEC”) voted to amend and simplify its rules governing private-offering exemptions under the Securities Act of 1933 (the “Securities Act”) to promote capital formation (the “Amendments”).[1]  The SEC release included discussion of their intent to remain true to the key components of their mission, namely investor…

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