Rob Evans Quoted by Law360 on Reg A+ as Alternative to Traditional IPO and Increased Activity Due to Raised Funding Limit

New York Partner and Capital Markets Practice Group Co-Chair Rob Evans was quoted by Law360 on ways private capital-raising rules are loosening up, commenting on new SEC rules that have raised limits on Reg A+ offerings from $50 million to $75 million. These offerings technically fall under the Regular A exemption but have been dubbed "Reg A+" since the JOBS Act increased its funding limit from $5 million to $50 million in 2015. Evans explained: "There has been a lot of activity in the Reg A+ space, I think the fact that the dollar amount is going up is going to be useful for companies that are not ready for a full-blown IPO, but want to get out there and raise capital in larger amounts."

To read the full article, click here (subscription may be required).