Markets
Newsbeat Social Hopes to Be First Reg A+ Offering to List on NASDAQ
|
A Seattle-based media start-up says it plans to be the first company to go public through an offering under Regulation A+ and list its shares on the NASDAQ Capital Market.
Growth Capitalist (https://growthcapitalist.com/tag/ipo/page/8/)
A Seattle-based media start-up says it plans to be the first company to go public through an offering under Regulation A+ and list its shares on the NASDAQ Capital Market.
The former chief operating officer of Marrone Bio Innovations was arrested and charged with securities fraud for an alleged scheme to inflate earnings so the company could meet earnings projections made at the time of its 2013 initial public offering.
Elio Motors, whose stock sale is seen as an important test for the new Regulation A+ market, has raised $16 million so far in the offering that will close Feb. 1.
Efstratios “Elias” Argyropoulos and his firm Prima Capital Group were ordered to pay $3.08 million in fines and disgorgement of profit plus interest for allegedly misappropriating $3.5 million from investors who thought they would receive shares in Facebook Inc. (FB) and Twitter Inc. (TWTR) before their initial public offerings.