JOBS and Investor Confidence Act of 2018

JOBS and Investor Confidence Act of 2018 JOBS 3.0, as it is widely referred to, significantly expands opportunities to raise capital, including: ·         Expands the definition of “accredited investor” to include (i) a family office with assets of at least $5 million and managed by a person with relevant knowledge and experience; and (ii) adding natural persons who, though not meeting income or net worth requirements, have education or job experience sufficient to demonstrate relevant professional knowledge. ·         Allows general solicitation by governmental entities, angel investor groups, colleges and universities, nonprofit groups, venture groups to advertise and solicit persons to attend issuers’ presentations or other events subject there being no specific information regarding a security offering and the sponsor neither making recommendations nor receiving compensation. (This provision is referred to as the HALOS Act …Helping Angels Lead Our Startups).

[project_purchase_form]