Reg A
topic on 2 shows · 9 statements across 2 episodes
We Live to Build 
Masters of Scale
9 statements about Reg A, every show
Rascoff: Reg A offerings are the future of pre-IPO capital raising
“We think it's the future of capital. It's sort of capital raising at this Kind of bridge moment once you're done raising venture capital from traditional Silicon Valley type investors, but before you're publicly traded up.”
Robles: Most companies should test with Reg CF before Reg A
“Well, I think that for most companies, they should probably test the waters with a reg CF, which is a regulation crowdfund.”
Robles: Reg CF is exempt and not qualified by the SEC
“Now a Reg A to get it actually, so another difference between Reg CF and Reg A is that a Reg CF does not get qualified by the SEC. It's what, it's what's called a an exempt offering.”
Robles: Financial audits for Reg A cost $25K to $100K
“You know, companies can spend anywhere from 25 all the way up to a 100,000 dollars I've seen to get an audit, depending on how complex their books and their financials are.”
Robles: Filing Form 1-A for Reg A costs $50K to $100K
“Number two, you have to file what's called a form one A and a form one A is basically what the that the filing document that the SEC will review. And you know, that can cost again, depending on how complex the business is and how complex the offering is, you k…”
Robles: EI.Ventures took a full year to achieve SEC Reg A qualification
“I mean, with EI ventures, it took a year to get qualified.”
Robles: Holding patents does not make SEC Reg A qualification easier
“No, that doesn't matter. I mean, it really is in your business plan. It really is in how good the attorney at the law firm is that's doing this. And it's in how, you know, good you present the package essentially.”
Robles: Roughly 87% to 91% of SEC Reg A filings get qualified
“I think there's somewhere around an 87 and 91% of reg A's that actually get to the point where they're filing with the SEC that get qualified. Don't hold me to that exact number. It might be different from the last time I checked, but I think it's somewhere ar…”
Robles: Reg A and Reg CF Require US-Incorporated Operating Entities
“You can't have that with a Reg A or even a Reg CF. The company has to be incorporated inside of the US for you to use any either one of these types of offerings. The team can be outside of the US but as far as the actual company has to be in the operating comp…”