Concluding a Regulation A+ deal certainly brings excitement and a sense of achievement, though raising your goal capital does not mean your communications and obligations with the SEC come to an end. Now that you have completed the deal you will be expected to file various forms as required by the SEC. A number of filings you will want to discuss with your team and counsel include the following:
Regulation A+ Tier 1:
- Form 1-Z - The Exit Report
Regulation A+ Tier 2:
- Form 1-K - The Annual Report - detailing the company’s entire fiscal year.
- Form 1-SA - The Semiannual Report - detailing the first six months of the company’s fiscal year.
- Form 1-U - The Current Report - Reporting of certain events, generally within four business days after the event.
- List of examples of events:
- bankruptcy or receivership
- material modification to rights of securityholders
- changes in issuer’s certifying accountant
- non-reliance on previously issued financial statements
- changes in control of issuer
- departure of certain officers
- certain unregistered sales of equity securities
- List of examples of events:
It is best practice to ensure that these are filed appropriately to the SEC whilst also ensuring your investors are up to date with the goings on of your company. DealMaker assists in ensuring your ability to provide reports and updates to investors are simple and effective by transferring your investor base to the DM Engage following the close of your deal.