Markets
Elio Finishes First Reg A+ Offering
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The offering is seen as an important test of the new market for emerging growth company financing.
Growth Capitalist (https://growthcapitalist.com/tag/reg-a/page/10/)
The offering is seen as an important test of the new market for emerging growth company financing.
Alternative trading markets operator OTC Markets Group has finalized new rules enabling issuers to list their Regulation A+ securities on two of its marketplace tiers. OTC Markets is vying to be the market leader in trading Reg A+ offerings in the secondary market by moving early to accept these capital raising deals for emerging growth companies.
OTC Markets Group has announced that more than 900 companies have met the listing platform’s new stricter standards for inclusion on the OTCQB
William Galvin, the Secretary of State for Massachusetts, has brought suit in the D.C. Court of Appeals to try to stop the Securities and Exchange Commission from implementing the Regulation A+ offering rules the agency approved in April and commencing the review of offering statements.