Growth Capitalist (https://growthcapitalist.com/author/tbuhl/page/7/)
A California-based entertainment studio startup has passed the minimum capital raise it set for its Regulation A offering in just a few weeks. Legion M Entertainment, using the Wefunder platform to market the offer, has raised $793,164 through 1,321 investors as of April 6.
A New Jersey-based real estate investment trust has given up trying to raise $50 million through a Tier 2 Reg A offering.
Growth Capitalist interviewed four founders of startups that have filed Reg A offerings this year through AltaVista Capital Markets, a year-old Los Angeles-based firm founded by a securities promoter recently banned from the industry that has been involved in a flurry of recent filings by companies seeking to raise capital via Reg A.
West Hollywood denim clothing retailer Denim.LA has closed its Tier 2 Reg A offering after raising just 28% of its $6 million goal, despite booking $7.7 million in initial investor interest.
