Beantown Craft Brewer Raises $1M in 48 Days in Hybrid Retail-Institutional CF Round

Boston-based craft beermaker Hopsters has become the fourth company (and second brewer) to break the $1M level in equity crowdfunding on WeFunder, the market-leading platform for offerings under the recently-implemented Reg CF. Notably, Hopsters topped up the capital barrel with a large dollop of funds - $550,000 - from accredited investors. The hybrid retail-institutional strategy boosted the confidence of both investor types, resulting in WeFunder's fastest close of a $1M round yet. via BostInno: Hopsters Clears $1M in Equity Crowdfunding for Fort Point Brew Pub

Regulation Crowdfunding: A Six-Month Update

It has been almost seven months since issuers across the country began raising money through Regulation Crowdfunding (“Reg CF”), which went into effect on May 16, 2016. In the six months since Reg CF went into effect, 160 initial filings for crowdfunding offerings on Form C were made with the SEC. Samuel Effron of Mintz Levin offers a summary of the highlights and trends are based on data collected from Form C filings through November 16, 2016. via Regulation Crowdfunding: A Six-Month Update | The National Law Review.

SEC Forum Takes Stock of Reg A+ Market Progress

The Securities and Exchange Commission held its annual open meeting on November 17 seeking feedback from dealmakers in the emerging growth finance market on the impact of newly enacted reforms to Regulation A on capital formation by small businesses.