Posts Categorized: Venture Capital

SEC Approves Intrastate Offerings and Increasing the Rule 504 Cap

The Securities and Exchange Commission (the “SEC”) approved, on October 26, 2016, amendments to its Securities Act of 1933 (the “Securities Act”) Rule 147 and the creation of Rule 147A, amendments to its Rule 504, and the repeal of the limited use Rule 505.  See press release, here.  The final rules apparently largely follow the… Read more »

Documentation of a Venture Capital Preferred Financing: The National Venture Capital Association Templates

The working group of the National Venture Capital Association has done a service by drafting and publishing on the NVCA website (www.nvca.com) as a “Resource” under “Model Legal Documents” many of the documents used for a venture capital corporation to enter into an initial or a follow-on preferred stock financing. See the article on this… Read more »