Startup Funding Espresso -- Form C Disclosures for Crowdfunding
Form C Disclosures for Crowdfunding Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Equity crowdfunding is a regulated fundraise by FINRA, the Financial Industry Regulatory Authority. A company can raise up to $5M on equity crowdfunding. Anyone can invest. Those who are not accredited investors are limited to $2,200 per year per company. Those raising funding must file a Form C with the Securities and Exchange Commission. The company raising funding must be based in the US. The Form C requires the following information: The biographies of officers and directors and anyone owning more than 20% of the company. A description of the business and what it does. How the raised funds will be used. The method for calculating the price of the security. The target fundraise amount and the deadline for raising it. A description of the company\u2019s financial condition. Financial statements of the company. In preparing for an equity crowdfunding raise, you\u2019ll need to provide this information for compliance purposes. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let\u2019s go startup something today. ___________________________________ For more episodes from Investor Connect, please visit the site at: \xa0 Check out our other podcasts here: \xa0 For Investors check out: \xa0 For Startups check out: \xa0 For eGuides check out: \xa0 For upcoming Events, check out \xa0 For Feedback please contact info@tencapital.group\xa0\xa0 Please , share, and leave a review. Music courtesy of .