JOBS Act, Emerging Growth Companies, Startups

Crowdfunding Report Shows Increasing Reliance on Regulation CF Deals & Disparities in Participation by Women & Minorities

Mayer Brown Free Writings + Perspectives on 5/14/2024

Introduced under Title III of the JOBS Act, Regulation Crowdfunding (“Regulation CF”) was promulgated to allow startups and emerging companies to raise capital from a wider pool of investors through equity crowdfunding...more

COVID-19 Capital Needs Addressed by Temporary Relaxation of Title III Crowdfunding Rules

Farrell Fritz, P.C. on 5/19/2020

Title III crowdfunding may be an attractive capital raising alternative during the current Coronavirus pandemic because it allows companies to use the internet to solicit potential investors and not be restricted to...more

JOBS Act 3.0 Passes US House of Representatives

White and Williams LLP on 7/31/2018

On July 17, 2018, the United States House of Representatives overwhelmingly passed a bipartisan package of reforms to help facilitate capital formation and spur entrepreneurship. The JOBS and Investor’s Confidence Act (JOBS...more

The JOBS Act 3.0: Regulatory Reforms Pass House of Representatives

Skadden, Arps, Slate, Meagher & Flom LLP on 7/24/2018

On July 17, 2018, the House of Representatives passed the JOBS and Investor Confidence Act (JOBS Act 3.0), a package of reforms consisting of 32 pieces of legislation principally designed to spur entrepreneurship by...more

Regulation Crowdfunding Surpasses $100 Million but Still Needs Reform

Farrell Fritz, P.C. on 2/20/2018

A recent report on the state of Regulation Crowdfunding published by a major crowdfunding advisory firm is cause for both celebration and renewed reform efforts. The $100 million aggregate funding milestone and the prorated...more

Calculating the EGC’s $1 Billion Debt Limit

Morrison & Foerster LLP - JOBS Act on 6/1/2017

Amongst other limitations, an issuer will cease to be considered an “emerging growth company” as defined in Section 2(a)(19) of the Securities Act and unable to take advantage of the accommodations for such issuers set forth...more

EGC Corporate Governance Practices: A survey and related resources - February 2017

Morrison & Foerster LLP - JOBS Act on 2/14/2017

During 2016, there were relatively few companies that completed initial public offerings (“IPOs”). Some commentators attribute the dearth of IPOs in 2016 to volatility arising from, among other things, Brexit and the U.S....more

Valuation Disconnect Leads to 2016 IPO Drought

Farrell Fritz, P.C. on 1/3/2017

2016 turned out to be a terrible year for IPOs, both in terms of number of deals and aggregate proceeds. According to Renaissance Capital’s U.S. IPO Market 2016 Annual Review, only 105 companies went public on U.S....more

SEC Proposes to Amend Smaller Reporting Company Definition

Morrison & Foerster LLP - JOBS Act on 6/28/2016

In the years following the JOBS Act, which created the term “emerging growth company” and made available certain disclosure and other accommodations to companies that qualified as EGCs, there has been renewed focus on scaled...more

President Signs FAST Act (Updated December 10, 2015)

Cooley LLP on 12/11/2015

The President has signed the FAST Act into law. As previously discussed, this transportation bill contains several measures that modify the JOBS Act or otherwise relate to capital raising for emerging growth companies,...more

FAST Act - Capital Markets Provisions

Bracewell LLP on 12/8/2015

On December 4, President Obama signed a $305 billion transportation bill, referred to as the FAST Act, into law. While primarily a transportation bill, the FAST Act includes a number of key capital markets provisions aimed at...more

Blog: A Few Nuggets For Smaller Companies Buried In The Drive Act

Cooley LLP on 11/9/2015

The House has passed a new transportation bill, HR 22, the “Drive Act” – not normally something to write about in the PubCo blog. (Originally, this bill appears to have been the “Hire More Heroes Act,” but was somehow...more

Capital Formation Bills to be Included in Transportation Bill

Morrison & Foerster LLP - JOBS Act on 11/5/2015

Chairman Hensarling offered an amendment to a transportation and transportation bill, which includes a number of JOBS Act and other capital formation related bills that had received bipartisan support. The capital formation...more

SEC (Finally) Adopts New Equity Crowdfunding Rules, Promoting Increased Access to Capital and Democratization of Investment...

McCarter & English, LLP on 11/5/2015

Late last week, the SEC adopted its final rules for equity crowdfunding under Title III of the JOBS Act. These rules, when implemented, have the promise of reducing the cost and increasing the availability of sorely needed...more

It’s Not Crowdfunding!

Morrison & Foerster LLP - JOBS Act on 7/14/2015

Since the Regulation A+ effective date last month, a number of websites have emerged that promote “Regulation A+ crowdfunding” contributing even further to the confusion in the market regarding “crowdfunding.” ...more

What Do the Expanded Reg A+ Rules Mean for Your Company?

Foley & Lardner LLP on 7/14/2015

This spring, the SEC adopted final rules required by the JOBS Act, which some hoped would increase smaller companies’ access to capital. Note, this wasn’t the long-awaited crowdfunding rules, it was the expansion of...more

Getting the Measure of EGC Corporate Governance Practices: A survey and related resources

Morrison & Foerster LLP on 5/8/2015

Corporate governance has changed dramatically in the nearly 13 years since passage of the Sarbanes-Oxley Act of 2002 and in the nearly five years since enactment of the Dodd-Frank Wall Street Reform and Consumer Protection...more

Is Crowdfunding Under the JOBS Act Dead?

Stinson - Corporate & Securities Law Blog on 3/16/2015

In a recent article titled JOBS Act State of the Union (well worth a read in full), Samuel Guzik makes the case that the SEC has given up on creating rules to implement Title III crowdfunding under the JOBS Act. Title III of...more

Back to the Future? (Regional Exchanges and Venture Exchanges)

Morrison & Foerster LLP - JOBS Act on 3/10/2015

Last week, in connection with the meeting of the SEC’s Advisory Committee on Small and Emerging Companies, both Commissioner Aguilar and Commissioner Gallagher expressed interest in, and support for, a more thorough...more

House Passes Bill H.R. 5405 “Promoting Job Creation and Reducing Small Business Burdens Act”

Katten Muchin Rosenman LLP on 9/30/2014

On September 16, the House of Representatives passed H.R. 5405 “Promoting Job Creation and Reducing Small Business Burdens Act.” The bill addresses a number of Jumpstart Our Business Startups Act (JOBS Act)-related matters,...more

Testing the Waters

Morrison & Foerster LLP - JOBS Act on 3/12/2014

An issuer that is considering or that has commenced an initial public offering (“IPO”) should take special care to familiarize itself with the communications rules applicable to offerings....more

The plus side of Reg A

Morrison & Foerster LLP - JOBS Act on 1/30/2014

To date, the Jumpstart Our Business Startups Act (the JOBS Act) is best known for legalizing securities crowdfunding (better called ‘crowd investing’), lifting the ban on the mass marketing of private offerings, and fostering...more

"The JOBS Act: The Resurgent IPO Market and What We Learned in Year Two"

Skadden, Arps, Slate, Meagher & Flom LLP on 1/27/2014

Almost two years have passed since the Jumpstart Our Business Startups Act (the JOBS Act) was signed into law to ease regulatory burdens on smaller companies and facilitate public and private capital formation. The provisions...more

The Short Field Guide To IPOs

Morrison & Foerster LLP on 11/4/2013

The emerging growth Company - The JOBS Act created a new class of issuer: the emerging growth company (EGC). An EGC is defined as an issuer with total annual gross revenue of less than $1 billion during the most recent...more

JOBS Act Means New Funding Opportunities for Start-Ups and Other Small Businesses

Foley & Lardner LLP on 4/9/2012

On April 5, 2012, President Obama signed the Jumpstart Our Business Startups (JOBS) Act into law. The JOBS Act seeks to reduce securities law burdens on start-ups and small businesses to make capital more accessible. In a...more

The Jump-Start Our Business Start-Ups Act › Emerging Growth Companies › Startups

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