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Companies Slow to Make Use of General Solicitation, SEC Report Finds
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Companies have made 2,946 securities offerings under a new Securities and Exchange Commission rule that allows private offerings to be marketed to the general public.
Growth Capitalist (https://growthcapitalist.com/category/premium-articles/page/65/)
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Companies have made 2,946 securities offerings under a new Securities and Exchange Commission rule that allows private offerings to be marketed to the general public.
NovaBay Pharmaceuticals (AMEX:NBY) announced that it has raised $1,260,828 in a Common Stock transaction.
Miscommunication between Elio Motors and its new public shareholders prevented trades in its shares for the first three days after they were listed in the first offering under Regulation A+. Some brokerage firms were also said to be reluctant to accept the stock.
Amarantus BioScience Holdings (OTC:AMBS) announced that it has raised $3,000,000 in a Convertible Preferred Stock transaction.