A Houston- based woman who owns a debt collection business is accused of making material misstatements to the Securities and Exchange Commission in connection with a Tier 1 Regulation A offering.
Rise Companies, the holding company for the Fundrise online real estate crowdfinance platform, has broken a record for funds raised in a Regulation A Tier 2 offering, pulling in $14.6 million in 24 hours of initial selling.
The company’s initial offering filing on December 29 for a maximum raise of $10 million was approved by the Securities and Exchange Commission in just 30 days. The company began selling shares on February 1. To accelerate the process only investors who had previously invested in Fundrise deals or were early investors in the company were allowed to participate in the offer.
Six months into its $50 million Reg A offering, wireless broadband technology firm Teraphysics has fired its deal team of SDDCO Brokerage Advisors and FundAmerica as its sales and clearing brokers, escrow and transfer agent.
YiLoLife, Inc., a company providing management services and other support to the legal medical marijuana (MMJ) market, has announced its plans to raise $16.4 million through a Regulation A+ public offering, followed by two additional Reg A rounds in the future.