For decades, the conventional wisdom on the public offering’s place in a firm’s lifecycle has been a rather linear story. As a company matures and its capital expenditure needs increase over time, it can afford – and thus take advantage of – raising funds in public capital markets. The first time a company sells equity…
Tag: public offering
SEC Regulation of Public Marijuana-Related Companies
In 1996, the California legislature passed the Compassionate Use Act, allowing an individual to obtain a “caregivers license” to engage in the sale and distribution of marijuana to medically prescribed patients1. In the decades following, twenty-four states and the District of Columbia have set up systems for the sale and distribution of marijuana for medical…
Fundrise for Everyone
Rise Companies Corporation, also known as Fundrise, acts as a crowdfunding and real estate investment platform based out of Washington, D.C. to promote local investment in real estate developments nationwide.1 Officially founded in 2012 –five years after the collapse of America’s financial and housing markets – Fundrise has put real estate crowdfunding on the charts.2…