Pursuant to the Jumpstart Our Business Startups Act of 2012 (JOBS Act), on December 18, 2013, the United States Securities and Exchange Commission (SEC) proposed significant amendments to Regulation A, which we refer to as Regulation A+. The proposed exemption permits nonpublic companies to raise up to $50 million by selling free-trading securities to the general public. This new exemption is intended to provide another avenue for private companies to access the capital markets to raise a significant amount of capital without going through the IPO process.
To read the original article: SEC Proposes Regulation A+ To Assist Nonpublic Companies in Raising Capital | Fox Rothschild LLP
