Today, the new Regulation Crowdfunding (Reg CF) rules -- adopted by the US Securities and Exchange Commission in November 2020 -- come into effect. They allow private US companies (“issuers”) to raise up to $5 million online, use Special Purpose Vehicles (SPVs) to simplify the management of cap tables, and gauge investors’ interest by [...]
Ignite Social Impact ("Ignite") is a crowdequity funding portal focused on Sustainable Development Goals and impact investing. Ignite is expanding its team and potential for impact beyond Earth to space. With expertise in health technology and medical care in extreme conditions and remote environments, Dr. Aenor Sawyer -- a leader in space health innovation [...]
Committed to delivering positive social and environmental impact for all, Ignite Social Impact ("Ignite"), an impact investing-focused crowdfunding portal, announces Maurice Jones as an advisor. As a leader in the nonprofit sector, as well as state and federal government, Maurice has dedicated his life to serving others and connecting talent with opportunity. At Ignite, [...]
Ignite Social Impact (“Ignite”) has a mission to democratize impact investing in Tech-for-Good with crowdfunding. Ignite has the honor of announcing Neil St. Clair as a member of its Advisory Board. As an entrepreneur, journalist, investor, and philanthropist, Neil is a “polymath with purpose,” whose raison d'être is to remove fear from everyday life. [...]
Ignite Social Impact (“Ignite”) continues to expand its potential to address the United Nations Sustainable Development Goals by welcoming Chris Lee as an advisor. Chris is a leader in strategic growth and will help Ignite democratize impact investing. Ignite enables anyone, regardless of their net worth or annual income, invest in private US-based companies [...]
Ignite Social Impact ("Ignite") is honored to welcome Kolaleh Eskandanian, Ph.D., MBA, PMP, Vice President and Chief Innovation Officer at Children’s National Hospital, as Treasurer. Through Ignite, accredited and non-accredited investors -- wealthy or not -- can invest as little as $100 in Regulation Crowdfunding (Title III) offerings from private US-based companies, committed to [...]
Ignite Social Impact ("Ignite") -- an impact investing-focused equity funding portal -- is open for business. Through Ignite, anyone, accredited and non-accredited investors, can invest as little as $100 in Regulation Crowdfunding (Title III) offerings from private US-based companies (“issuers”), committed to delivering positive social and environmental impact. Ignite is now accepting applications from [...]
On November 2nd, 2020, the Securities and Exchange Commission voted to amend its rules in order to harmonize, simplify, and improve the complex exempt offering framework, and introduces changes to the Regulation Crowdfunding exemption that were proposed back in March. For Regulation Crowdfunding, the amendments: raise the offering limit from $1.07 million to $5 [...]
Yesterday, the Securities and Exchange Commission adopted amendments to the “accredited investor” definition, which were proposed in December 2019. The "accredited investor" definition determines who is eligible to participate in US private capital markets. In particular, while everyone can participate in Regulation CF offerings featured on Ignite Social Impact, Regulation D offerings (Title II-Rule [...]
The SEC just proposed major changes to every kind of online offering: Rule 504, Rule 506(b), Rule 506(c), Regulation A, and Regulation CF. The proposals and the reasoning behind them take up 351 pages. An SEC summary is here, while the full text is here. The proposals are likely to become effective in more [...]
