Tag Archives: stock

MoviePass Under Investigation

Using the broad Martin Act, the New York state securities statute, the New York Attorney General is investigating whether MoviePass misled investors regarding its financial situation. MoviePass is the wildly popular movie subscription service that has been changing its business … Continue reading

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Unicorn Asks SEC To Let It Give Stock To Gig-gers

Unicorn AirBnB, valued last year at about $31 Billion, has asked the Securities and Exchange Commission if it could give its “hosts” stock in the company without going public. The company is responding to Concept Release Release No. 33-10521 in … Continue reading

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Crowdfunders Grouse About Reg. CF

People are grousing that the Securities and Exchange Commission’s Regulation Crowd Funding isn’t helping small business like it should. Although 438 small companies have raised over $105 million since the regulation went effective in May 2016, the complaints about the … Continue reading

Posted in accredited investor, balance, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, fraud, Investments, Jobs, review, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

SEC Fines Yahoo! Over Breach Omission

The Securities and Exchange Commission is serious about data breaches. Which is why it fined Altaba (formerly Yahoo!) $35 million for its failure to disclose the breach for 2 years. The SEC said that Yahoo executives knew within days that … Continue reading

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Selling Stock On GoFundMe – Bad Idea

Let’s face it. Trying to crowdfund millions of dollars to take over a company where the donors get nothing in return is not a viable strategy. Issac Larian’s effort to raise $1 Billion has garnered only $62,000 in pledges to … Continue reading

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Unicorn Tender Offer In The Offing?

Here’s something you don’t see everyday – a tender offer for a privately held unicorn’s shares. This ad is in today’s Wall Street Journal and notes that a consortium of private investors (Softbank?) intends to offer to purchase Uber shares … Continue reading

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Seedrs’ Experiment With Trading Crowdfunded Shares

The United Kingdom equity crowdfunding platform Seedrs has just closed its experiment with secondary market trading in shares bought from startup issuers on its website. The result was: 2.5 million shares traded among 238 buyers and sellers with £743,000 being … Continue reading

Posted in accredited investor, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding Index In The Works

Chinese and United Kingdom fintech firms plan to create a crowdfunding index, like the S&P 500 to track crowdfunding offerings, primarily in China. By 2015, over $1.65 Billion was raised by crowdfunding in China and the World Bank estimates that … Continue reading

Posted in accredited investor, Banking, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

SEC Increases Maximum Amount To Be Raised In Crowdfunding

The Securities and Exchange Commission yesterday announced that it has adopted amendments to increase the amount of money companies can raise through crowdfunding to adjust for inflation. Now, the maximum aggregate amount an issuer can sell under Regulation Crowdfunding in … Continue reading

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Institutional Investors Want To Get Rid of Dual Class Stock

For all you entrepreneurs that want to maintain control of your company by using two classes of stock (voting or super-voting shares for you, non-voting or low-voting shares for your investors), take notice. The Wall Street Journal is reporting that … Continue reading

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