Growth Capitalist (https://growthcapitalist.com/author/bgoets/page/2/)
Alternative IPO investment bank WR Hambrecht + Co. is losing the senior banker who has led the firm’s Reg A initiative, putting the future of the firm’s crowdfinance program in doubt. Whitney White, a partner and Hambrecht’s head of equity capital markets, is joining Prime Trust LLC, the trust company and crowdfinance back-office administrator spun off from FundAmerica last summer.
Equity crowdfinance platform Crowdfund.co is moving away from the seed and startup capital world to focus more heavily on post-revenue and “preferably post profitable” private companies in the middle market.
March was a record month for new Reg A offerings, following a similarly strong February, collectively making the two months the most active period for offering approvals since the Reg A+ reforms went into effect in June 2015.
The SEC approved 15 Reg A filings in March, besting last September’s record...
Steven Muehler is no stranger to securities regulators, despite never having a securities license. The SEC has tracked his involvement in the sale of unregistered securities dates back to at least 2008.
