Last week David Feldman, partner in Duane Morris LLP, shared a blog post titled “Reg A+ Deals Getting Done“. In his post, Feldman discusses how at the Practising Law Institute’s Securities Regulation InstituteKeith Higgins, the SEC’s head of Corporation Finance, shared an update on Reg A+.

According to Feldman, since the new JOBS Act rules were approved in June 2015, 14 issuers have closed on Reg A+ deals totaling $172 million. That’s an average of $12.3 million raised per IPO of which $140 million were from Tier II deals and $32 million from Tier 1.

Feldman also added that ‘There are a number of pending deals planning to list on a national exchange, while others are happy to pursue an OTC listing. Once the first few larger deals to exchanges are completed, my prediction is a number of leading underwriting firms will jump into the space.”

Read the entire post on www.DavidFeldmanBlog.com HERE.