Tag Archives: cancellation

Bizarre IPO Cancelled Due to Shareholder Failure to Perform

Vascular Biogenics issued shares in its $65 million IPO last week but after 6 days of trading on the Nasdaq, the company cancelled the offering and all trades were reversed. This bizarre situation resulted from the refusal of a standby … Continue reading

Posted in Banking, Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowd Funding Regs Hold Some Surprises

Upon review of the SEC’s proposed crowd funding regulations released this week, I found a number if items that could be problematic for companies that thought they would have a relatively easy time raising funds using the new Section 4(a)(6) … Continue reading

Posted in Banking, Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment