Read online book Dinesh Gupta - Regulation A+ : How the Jobs Act Creates Opportunities for Entrepreneurs and Investors DOC, PDF, DJV
9781430257318 English 1430257318 "This book is a must-read for all entrepreneurs who need to raise capital to grow their businesses." --from the Foreword by Bill Hambrecht, Founder and Chairman, WR Hambrecht + Co "We congratulate the authors for bringing together many of the elements needed to help corporations and their investors take advantage of Reg A+ in a simple and easy-to-understand guide." --from the Afterword by David Weild IV, Founder and CEO, Weild & Co.; Former Vice Chairman of NASDAQ; "Father" of the JOBS Act Discover how to raise money under the SEC''s long-awaited Regulation A+ implementing Title IV of the JOBS Act. This ground-breaking book is the authoritative guide to Reg A+ for executives of emerging growth companies, entrepreneurs, financial advisers, venture capitalists, investment bankers, securities lawyers, and finance and MBA students on how to raise up to $50 million a year through what is in effect a new type of IPO unencumbered by the heavy regulation and cost of a traditional IPO. Reg A+ lifts many of the constraints on soliciting funds, raising growth capital through public offerings, and trading new stock issues that till now inhibited the growth of small companies. The SEC rules implementing Title III of the JOBS Act by expanding equity crowdfunding to non-accredited investors and allowing small businesses to raise up to $1 million per year have been greeted with speculative excitement in the startup space. But investment banking and stock market heavy hitters such as Bill Hambrecht and David Weild believe that Reg A+ will have a much greater economic impact than the crowdfunding rules and will launch a revolutionary period of growth, innovation, investment returns, and job creation. Paul Getty, Dinesh Gupta, and Robert Kaplan pool their experience as serial entrepreneurs, investors, and lawyers to show readers in very practical terms how to take maximum advantage of the powerful provisions of the Reg A+ that permit companies to raise up to $50 million--a tenfold increase over the old Reg A limit of $5 million and fifty times the crowdfunding limit allow companies to market IPOs to more people than just accredited investors make it easier to get the word out on offerings exempt companies under certain conditions from onerous and costly reporting and compliance requirements, such as Sarbanes-Oxley What you''ll learn How Title IV of the JOBS Act amends Regulation A, making it easier for you to raise up to $50 million in expansion capital while avoiding burdensome regulations. How raising funds through Regulation A might now be a better and less costly choice for raising capital than current options (like loans or venture capital). How to use Regulation A to gain liquidity for your business, your employees, and your investors--while maintaining control. How to abide by Regulation A rules before, during, and after an IPO. What kinds of businesses can take part in Regulation A offerings. How and where to trade shares after the IPO. Who this book is for Executives of emerging growth companies, entrepreneurs, financial advisers, venture capitalists, investment bankers, securities lawyers, finance and MBA students, and others. Table of Contents Introduction Overcoming Challenges to Going Public Benefits of Regulation A+ Limitations and Business Line Considerations The key elements Reg A+ Offering? Raising the Capital Stock Trading Financial Reporting and Accounting Matters Guidelines on Next Steps Afterword Current Legal Authority Current Guidance from SEC Public Statements of Commissioners OTCQX/OTCQB Listing Requirements and On-ramp Guides Offering Statement Exemplars Blue Sky Glossary, Discover how to raise money under new provisions in the recently enacted JOBS Act. Regulation A+: How the JOBS Act Creates Opportunities for Entrepreneurs and Investors will guide and advise executives of emerging growth companies, entrepreneurs, financial advisers, venture capitalists, investment bankers, securities lawyers, finance and MBA students, and others on how to raise up to $50 million a year through streamlined regulations. Signed by President Obama on April 5, 2012, Title IV of the JOBS Act amends the 1930s-era Regulation A, making it far easier for businesses to raise growth capital through public offerings. It is, in effect, a new type of IPO but with much less regulation and cost. Regulation A+: How the JOBS Act Creates Opportunities for Entrepreneurs and Investors spells out new processes that can and will have a dramatic impact on how companies obtain growth capital to create new jobs and bolster returns for investors. Some financial gurus believe that the new law, dubbed Regulation A+ due to the enhancements, will usher in a revolutionary period of growth and innovation comparable to our largest past economic expansions. To date, much of the commentary on the JOBS Act has focused on Title III, which allows broader use of crowdfunding to raise up to $1 million per year. However, many entrepreneurs and economists believe that new changes to Regulation A will have a much greater impact on innovation and job creation. The best part? Regulation A+ lifts many constraints on soliciting funds and trading new stock issues. Among other things, readers of this book will learn how to take advantage of these provisions: Regulation A+ permits companies to raise up to $50 million, a tenfold increase over the old limit of $5 million, and much more than the crowdfunding provisions of the JOBS Act ($1 million). Regulation A+ allows companies to market IPOs to more people than just accredited investors and makes it easier to get the word out on offerings. Regulation A+ allows certain companies to avoid the SEC periodic reporting regimen (Form 10-K, Form 10-Q, Form 8-K, and proxy statements), provided that the number of shareholders is kept below revised thresholds. Regulation A+ exempts certain companies from many onerous and costly compliance requirements, including Sarbanes-Oxley. In short, Regulation A+ greatly simplifies the capital-raising process, making it easier to grow companies, create jobs, and reward investors. What you'll learn How Title IV of the JOBS Act amends Regulation A, making it easier for you to raise up to $50 million in expansion capital while avoiding burdensome regulations. How raising funds through Regulation A might now be a better and less costly choice for raising capital than current options (like loans or venture capital). How to use Regulation A to gain liquidity for your business, your employees, and your investors--while maintaining control. How to abide by Regulation A rules before, during, and after an IPO. What kinds of businesses can take part in Regulation A offerings. How and where to trade shares after the IPO. Who this book is for Executives of emerging growth companies, entrepreneurs, financial advisers, venture capitalists, investment bankers, securities lawyers, finance and MBA students, and others., Regulation A(+): How the JOBS Act Creates Opportunities for Entrepreneurs and Investors explains how to raise money under new provisions in the recently enacted JOBS Act. It will guide and advise executives of emerging growth companies, entrepreneurs, financial advisers, venture capitalists, investment bankers, securities lawyers, finance and MBA students, and others on how to raise up to $50 million a year through streamlined regulations. Signed by President Obama on April 5, 2012, Title IV of the JOBS Act amends the 1930s-era Regulation A, making it far easier for businesses to raise growth capital through public offerings. It is, in effect, a new type of IPO but with much less regulation and cost. Regulation A(+): How the JOBS Act Creates Opportunities for Entrepreneurs and Investors spells out new processes that can and will have a dramatic impact on how companies obtain growth capital to create new jobs and bolster returns for investors. Some financial gurus believe that the new law, dubbed Regulation A+ due to the enhancements, will usher in a revolutionary period of growth and innovation comparable to our largest past economic expansions. To date, much of the commentary on the JOBS Act has focused on Title III, which allows broader use of crowdfunding to raise up to $1 million per year. However, many entrepreneurs and economists believe that new changes to Regulation A will have a much greater impact on innovation and job creation. The best part? Regulation A+ lifts many constraints on soliciting funds and trading new stock issues. Among other things, readers of this book will learn how to take advantage of these provisions: Regulation A+ permits companies to raise up to $50 million, a tenfold increase over the old limit of $5 million, and much more thanthe crowdfunding provisions of the JOBS Act ($1 million). Regulation A+ allows companies to market IPOs to more people thanjust accredited investors and makes it easier to get the word out onofferings. Regulation A+ allows certain companies to avoid the SEC periodicreporting regimen (Form 10-K, Form 10-Q, Form 8-K, and proxy statements), provided that the number of shareholders is kept below revised thresholds. Regulation A+ exempts certain companies from many onerous andcostly compliance requirements, including Sarbanes-Oxley. In short, Regulation A+ greatly simplifies the capital-raising process, making it easier to grow companies, create jobs, and reward investors. What you'll learn How Title IV of the JOBS Act amends Regulation A, making it easier for you to raise up to $50 million in expansion capital while avoiding burdensome regulations. How raising funds through Regulation A might now be a better and less costly choice for raising capital than current options (like loans or venture capital). How to use Regulation A to gain liquidity for your business, your employees, and your investorswhile maintaining control. How to abide by Regulation A rules before, during, and after an IPO. What kinds of businesses can take part in Regulation A offerings How and where to trade shares after the IPO. Who this book is for Executives of emerging growth companies, entrepreneurs, financial advisers, venture capitalists, investment bankers, securities lawyers, finance and MBA students, and others. ", Regulation A+: How the JOBS Act Creates Opportunities for Entrepreneurs and Investors explains how to raise money under new provisions in the recently enacted JOBS Act. It will guide and advise executives of emerging growth companies, entrepreneurs, financial advisers, venture capitalists, investment bankers, securities lawyers, finance and MBA students, and others on how to raise up to $50 million a year through streamlined regulations. Signed by President Obama on April 5, 2012, Title IV of the JOBS Act amends the 1930s-era Regulation A, making it far easier for businesses to raise growth capital through public offerings. It is, in effect, a new type of IPO but with much less regulation and cost. Regulation A+: How the JOBS Act Creates Opportunities for Entrepreneurs and Investors spells out new processes that can and will have a dramatic impact on how companies obtain growth capital to create new jobs and bolster returns for investors. Some financial gurus believe that the new law, dubbed Regulation "A+" due to the enhancements, will usher in a revolutionary period of growth and innovation comparable to our largest past economic expansions. To date, much of the commentary on the JOBS Act has focused on Title III, which allows broader use of crowdfunding to raise up to $1 million per year. However, many entrepreneurs and economists believe that new changes to Regulation A will have a much greater impact on innovation and job creation. The best part? Regulation A+ lifts many constraints on soliciting funds and trading new stock issues. Among other things, readers of this book will learn how to take advantage of these provisions: Regulation A+ permits companies to raise up to $50 million, a tenfold increase over the old limit of $5 million, and much more than the crowdfunding provisions of the JOBS Act ($1 million). Regulation A+ allows companies to market IPOs to more people than just "accredited investors" and makes it easier to get the word out on offerings. Regulation A+ allows certain companies to avoid the SEC periodic reporting regimen (Form 10-K, Form 10-Q, Form 8-K, and proxy statements), provided that the number of shareholders is kept below revised thresholds. Regulation A+ exempts certain companies from many onerous and costly compliance requirements, including Sarbanes-Oxley. In short, Regulation A+ greatly simplifies the capital-raising process, making it easier to grow companies, create jobs, and reward investors.
9781430257318 English 1430257318 "This book is a must-read for all entrepreneurs who need to raise capital to grow their businesses." --from the Foreword by Bill Hambrecht, Founder and Chairman, WR Hambrecht + Co "We congratulate the authors for bringing together many of the elements needed to help corporations and their investors take advantage of Reg A+ in a simple and easy-to-understand guide." --from the Afterword by David Weild IV, Founder and CEO, Weild & Co.; Former Vice Chairman of NASDAQ; "Father" of the JOBS Act Discover how to raise money under the SEC''s long-awaited Regulation A+ implementing Title IV of the JOBS Act. This ground-breaking book is the authoritative guide to Reg A+ for executives of emerging growth companies, entrepreneurs, financial advisers, venture capitalists, investment bankers, securities lawyers, and finance and MBA students on how to raise up to $50 million a year through what is in effect a new type of IPO unencumbered by the heavy regulation and cost of a traditional IPO. Reg A+ lifts many of the constraints on soliciting funds, raising growth capital through public offerings, and trading new stock issues that till now inhibited the growth of small companies. The SEC rules implementing Title III of the JOBS Act by expanding equity crowdfunding to non-accredited investors and allowing small businesses to raise up to $1 million per year have been greeted with speculative excitement in the startup space. But investment banking and stock market heavy hitters such as Bill Hambrecht and David Weild believe that Reg A+ will have a much greater economic impact than the crowdfunding rules and will launch a revolutionary period of growth, innovation, investment returns, and job creation. Paul Getty, Dinesh Gupta, and Robert Kaplan pool their experience as serial entrepreneurs, investors, and lawyers to show readers in very practical terms how to take maximum advantage of the powerful provisions of the Reg A+ that permit companies to raise up to $50 million--a tenfold increase over the old Reg A limit of $5 million and fifty times the crowdfunding limit allow companies to market IPOs to more people than just accredited investors make it easier to get the word out on offerings exempt companies under certain conditions from onerous and costly reporting and compliance requirements, such as Sarbanes-Oxley What you''ll learn How Title IV of the JOBS Act amends Regulation A, making it easier for you to raise up to $50 million in expansion capital while avoiding burdensome regulations. How raising funds through Regulation A might now be a better and less costly choice for raising capital than current options (like loans or venture capital). How to use Regulation A to gain liquidity for your business, your employees, and your investors--while maintaining control. How to abide by Regulation A rules before, during, and after an IPO. What kinds of businesses can take part in Regulation A offerings. How and where to trade shares after the IPO. Who this book is for Executives of emerging growth companies, entrepreneurs, financial advisers, venture capitalists, investment bankers, securities lawyers, finance and MBA students, and others. Table of Contents Introduction Overcoming Challenges to Going Public Benefits of Regulation A+ Limitations and Business Line Considerations The key elements Reg A+ Offering? Raising the Capital Stock Trading Financial Reporting and Accounting Matters Guidelines on Next Steps Afterword Current Legal Authority Current Guidance from SEC Public Statements of Commissioners OTCQX/OTCQB Listing Requirements and On-ramp Guides Offering Statement Exemplars Blue Sky Glossary, Discover how to raise money under new provisions in the recently enacted JOBS Act. Regulation A+: How the JOBS Act Creates Opportunities for Entrepreneurs and Investors will guide and advise executives of emerging growth companies, entrepreneurs, financial advisers, venture capitalists, investment bankers, securities lawyers, finance and MBA students, and others on how to raise up to $50 million a year through streamlined regulations. Signed by President Obama on April 5, 2012, Title IV of the JOBS Act amends the 1930s-era Regulation A, making it far easier for businesses to raise growth capital through public offerings. It is, in effect, a new type of IPO but with much less regulation and cost. Regulation A+: How the JOBS Act Creates Opportunities for Entrepreneurs and Investors spells out new processes that can and will have a dramatic impact on how companies obtain growth capital to create new jobs and bolster returns for investors. Some financial gurus believe that the new law, dubbed Regulation A+ due to the enhancements, will usher in a revolutionary period of growth and innovation comparable to our largest past economic expansions. To date, much of the commentary on the JOBS Act has focused on Title III, which allows broader use of crowdfunding to raise up to $1 million per year. However, many entrepreneurs and economists believe that new changes to Regulation A will have a much greater impact on innovation and job creation. The best part? Regulation A+ lifts many constraints on soliciting funds and trading new stock issues. Among other things, readers of this book will learn how to take advantage of these provisions: Regulation A+ permits companies to raise up to $50 million, a tenfold increase over the old limit of $5 million, and much more than the crowdfunding provisions of the JOBS Act ($1 million). Regulation A+ allows companies to market IPOs to more people than just accredited investors and makes it easier to get the word out on offerings. Regulation A+ allows certain companies to avoid the SEC periodic reporting regimen (Form 10-K, Form 10-Q, Form 8-K, and proxy statements), provided that the number of shareholders is kept below revised thresholds. Regulation A+ exempts certain companies from many onerous and costly compliance requirements, including Sarbanes-Oxley. In short, Regulation A+ greatly simplifies the capital-raising process, making it easier to grow companies, create jobs, and reward investors. What you'll learn How Title IV of the JOBS Act amends Regulation A, making it easier for you to raise up to $50 million in expansion capital while avoiding burdensome regulations. How raising funds through Regulation A might now be a better and less costly choice for raising capital than current options (like loans or venture capital). How to use Regulation A to gain liquidity for your business, your employees, and your investors--while maintaining control. How to abide by Regulation A rules before, during, and after an IPO. What kinds of businesses can take part in Regulation A offerings. How and where to trade shares after the IPO. Who this book is for Executives of emerging growth companies, entrepreneurs, financial advisers, venture capitalists, investment bankers, securities lawyers, finance and MBA students, and others., Regulation A(+): How the JOBS Act Creates Opportunities for Entrepreneurs and Investors explains how to raise money under new provisions in the recently enacted JOBS Act. It will guide and advise executives of emerging growth companies, entrepreneurs, financial advisers, venture capitalists, investment bankers, securities lawyers, finance and MBA students, and others on how to raise up to $50 million a year through streamlined regulations. Signed by President Obama on April 5, 2012, Title IV of the JOBS Act amends the 1930s-era Regulation A, making it far easier for businesses to raise growth capital through public offerings. It is, in effect, a new type of IPO but with much less regulation and cost. Regulation A(+): How the JOBS Act Creates Opportunities for Entrepreneurs and Investors spells out new processes that can and will have a dramatic impact on how companies obtain growth capital to create new jobs and bolster returns for investors. Some financial gurus believe that the new law, dubbed Regulation A+ due to the enhancements, will usher in a revolutionary period of growth and innovation comparable to our largest past economic expansions. To date, much of the commentary on the JOBS Act has focused on Title III, which allows broader use of crowdfunding to raise up to $1 million per year. However, many entrepreneurs and economists believe that new changes to Regulation A will have a much greater impact on innovation and job creation. The best part? Regulation A+ lifts many constraints on soliciting funds and trading new stock issues. Among other things, readers of this book will learn how to take advantage of these provisions: Regulation A+ permits companies to raise up to $50 million, a tenfold increase over the old limit of $5 million, and much more thanthe crowdfunding provisions of the JOBS Act ($1 million). Regulation A+ allows companies to market IPOs to more people thanjust accredited investors and makes it easier to get the word out onofferings. Regulation A+ allows certain companies to avoid the SEC periodicreporting regimen (Form 10-K, Form 10-Q, Form 8-K, and proxy statements), provided that the number of shareholders is kept below revised thresholds. Regulation A+ exempts certain companies from many onerous andcostly compliance requirements, including Sarbanes-Oxley. In short, Regulation A+ greatly simplifies the capital-raising process, making it easier to grow companies, create jobs, and reward investors. What you'll learn How Title IV of the JOBS Act amends Regulation A, making it easier for you to raise up to $50 million in expansion capital while avoiding burdensome regulations. How raising funds through Regulation A might now be a better and less costly choice for raising capital than current options (like loans or venture capital). How to use Regulation A to gain liquidity for your business, your employees, and your investorswhile maintaining control. How to abide by Regulation A rules before, during, and after an IPO. What kinds of businesses can take part in Regulation A offerings How and where to trade shares after the IPO. Who this book is for Executives of emerging growth companies, entrepreneurs, financial advisers, venture capitalists, investment bankers, securities lawyers, finance and MBA students, and others. ", Regulation A+: How the JOBS Act Creates Opportunities for Entrepreneurs and Investors explains how to raise money under new provisions in the recently enacted JOBS Act. It will guide and advise executives of emerging growth companies, entrepreneurs, financial advisers, venture capitalists, investment bankers, securities lawyers, finance and MBA students, and others on how to raise up to $50 million a year through streamlined regulations. Signed by President Obama on April 5, 2012, Title IV of the JOBS Act amends the 1930s-era Regulation A, making it far easier for businesses to raise growth capital through public offerings. It is, in effect, a new type of IPO but with much less regulation and cost. Regulation A+: How the JOBS Act Creates Opportunities for Entrepreneurs and Investors spells out new processes that can and will have a dramatic impact on how companies obtain growth capital to create new jobs and bolster returns for investors. Some financial gurus believe that the new law, dubbed Regulation "A+" due to the enhancements, will usher in a revolutionary period of growth and innovation comparable to our largest past economic expansions. To date, much of the commentary on the JOBS Act has focused on Title III, which allows broader use of crowdfunding to raise up to $1 million per year. However, many entrepreneurs and economists believe that new changes to Regulation A will have a much greater impact on innovation and job creation. The best part? Regulation A+ lifts many constraints on soliciting funds and trading new stock issues. Among other things, readers of this book will learn how to take advantage of these provisions: Regulation A+ permits companies to raise up to $50 million, a tenfold increase over the old limit of $5 million, and much more than the crowdfunding provisions of the JOBS Act ($1 million). Regulation A+ allows companies to market IPOs to more people than just "accredited investors" and makes it easier to get the word out on offerings. Regulation A+ allows certain companies to avoid the SEC periodic reporting regimen (Form 10-K, Form 10-Q, Form 8-K, and proxy statements), provided that the number of shareholders is kept below revised thresholds. Regulation A+ exempts certain companies from many onerous and costly compliance requirements, including Sarbanes-Oxley. In short, Regulation A+ greatly simplifies the capital-raising process, making it easier to grow companies, create jobs, and reward investors.