Venture Capital & Emerging Companies Alert: New Small Offering Exemption Receiving Support
2/2/2012
By Daniel I. DeWolf, Samuel Effron, and Garrett Johnston
In the recent State of the Union address, President Obama called on Congress to pass a legislative package intended to stimulate small businesses and improve their ability to raise capital. If Congress heeds his call, small companies may soon be able to raise up to $50 million in a 12-month period without undergoing a traditional initial public offering (IPO).
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