The "Pre-Existing, Substantive Relationship"
The SEC recently issued guidance on what constitutes a "pre-existing, substantive relationship." The guidance is helpful for companies raising money for a number of reasons.
Joe Wallin
Page 12
Online Portals, Rules 506(b) & (c), and CitizenVC
The SEC recently issued an important no-action letter for online portals, and for other issuers of securities (including startup companies), trying to raise money in compliance with the SEC's new...
General Solicitation & Startup Capital Raising
Once again I had the fun opportunity to work on a writing project with Lauren Hakala from Practical Law.
IP 101 -- Some Thoughts from Ashley Long
Intellectual Property 101 - A Basic Guide to Understanding IP.
Stock Options: ISOs vs. NQOs
Q: Can a member of the board of directors receiving a stock option as compensation for board member service receive an incentive or statutory stock option (an "ISO")?
Is a Demo Day General Solicitation?
Update (September 2025): This post, originally published in August 2015, does not reflect Rule 148, effective March 15, 2021, which provides a safe harbor for demo day communications under specific...
General Solicitation: Can I Generally Solicit My Offering?
There is a lot of confusion in the early stage company ecosystem about general solicitation.
New SEC Guidance on General Solicitation
Last Thursday the SEC issued guidance on what constitutes general solicitation. This guidance is helpful to companies trying to conduct Rule 506 offerings.