BY: JD ALOIS, Crowdfund Insider
Title IV of the JOBS Act became an actionable exemption as of June 19, 2015. The highly anticipated exemption known as a Reg A+, was enacted in an effort to fix a previously untenable securities rule. Issuers may raise up to $50 million in securities which are freely transferable. Visio CEO, Jeff Ball gave his take on the new possibilities with Reg A+.
"I’m interested to see how companies utilize the ‘testing the waters’ provision of Reg A+ to see how effective it will really be," Ball said. "We plan to observe the successes and challenges other companies face before making a move. As we’ve seen in the past, many times these new regulations don’t necessarily make it easier to raise capital, despite their good intentions."
To read the full article and more insight into Reg A+, click here.