by Staff of the Firm | Jan 5, 2016 | Private Placements, Raising Capital, Securities Laws, Texas Law Update, Uncategorized
Texas Crowdfunding Portal Registration and Activities (in Detail). Simplified/Streamlined Registration Process. The simplified registration process for TCPs, which we discussed previously, is designed so that TCPs are subject to fewer regulatory requirements than...
by Staff of the Firm | Dec 22, 2015 | JOBS Act, Private Placements, Raising Capital, Securities Laws, Texas Law Update, Uncategorized
Texas Crowdfunding Portal Registration and Activities. As we mentioned previously, an offering conducted under the crowdfunding exemption must be made exclusively through an Internet website operated by a registered general dealer or registered TCP. Local Character....
by Staff of the Firm | Dec 17, 2015 | JOBS Act, Private Placements, Raising Capital, Securities Laws, Texas Law Update, Uncategorized
How Should the Offering Be Conducted? Must Use a website. An offering conducted under the crowdfunding exemption must be made exclusively through an Internet website operated by a registered general dealer or registered TCP.[1] Such website must meet the following...
by Staff of the Firm | Dec 12, 2015 | JOBS Act, Private Placements, Raising Capital, Securities Laws, Texas Law Update, Uncategorized
Who Is Eligible? Texas Formation. Texas crowdfunding exemption is only available if the issuer is a Texas entity that has filed a certificate of formation with the Texas Secretary of State and is authorized to do business in Texas.[1] This means that sole proprietor,...
by Staff of the Firm | Dec 8, 2015 | JOBS Act, Private Placements, Raising Capital, Securities Laws, Texas Law Update, Uncategorized
In our previous blog series titled “Crowdfunding: Is It Right for My Business?”, we discussed Title III of the JOBS Act, popularly known as the “CROWDFUND Act (Capital Raising Online While Deterring Fraud and Unethical Non-Disclosure Act of 2012),” which would exempt...
