Ignite Social Impact Leverages SEC Rules Changes to Allow Social Impact Companies to Crowdfund up to $5 Million
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 [...]