House Passes Bill To Increase Regulation A+ Limit to $75 million
House Passes Bill To Increase Regulation A+ Limit to $75 million
Last week, the US House of Representatives passed the Regulation A+ Improvement Act of 2017 to increase the maximum amount a company can raise under Regulation A+ from $50 to $75 million.
According to David Feldman, Esq., “If the Senate approves, most believe the President will sign this bill, which passed primarily on partisan lines, with most Democrats opposed.”
According to Feldman, the 50% increase in the Reg A+ cap is important for several reasons.
1. It recognizes that the revisions to Reg A+ have been successful.
2. There has been no evidence of questionable characters lurking in the Reg A+ world.
3. The proposed increase is also important to help attract slightly larger companies to consider the streamlined Reg A+ IPO process.
To learn more, check out David Feldman’s full post on the topic HERE.