Senior Exec, Directors Flee YayYo Amidst Promotion, Disclosure Concerns

A California tech start-up currently in the market with a $50 million Regulation A offering called YayYo has seen an exodus of senior leadership this month amid a storm of criticism over the company’s promotional campaign, which has included cable TV ads and online videos by rappers and TV character actors extolling investment in the company’s stock as an opportunity for retail investors to get in on the next Uber or Lyft.

Electric Commercial Vehicle Company Greenlighted on $22M Tier 2 Offering

A Southern California based green-tech automotive company has been qualified by the Securities and Exchange Commission to raise $22 million through a Tier 2 Regulation A+ offer. Adomani tapped a local California broker-dealer focusing on the Reg A market, Boustead Securities, to sell 4,400,000 of common stock at $5 per share with a $500 minimum investment.


Myomo Aims for NYSE Listing with $15M Offering

Cambridge, Mass.-based medical robotics company Myomo is seeking to become the first issuer to be listed on the NYSE MKT if it is successful in raising $15 million through a Tier 2 Regulation A offering. The 11-year-old company launched its offering in mid-March, selling shares priced at $7.50 with a pre-money valuation of $35 million.