We are at 72 days since filed. Per the linked webs
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Posted On: 07/21/2018 2:44:47 PM
Re: phataviator #2566
We are at 72 days since filed. Per the linked website, 71 days is average time for approval but potentially longer than 90 days for existing companies with complex histories.
"If your offering meets with sufficient investor enthusiasm, then at some point in the offering process you will want to start your application with the SEC. You can be conservative, and wait until your are oversubscribed. Or if time is of the essence, you can start the SEC process earlier. Average time to get Qualified is 71 days.
Regulation A+ requires detailed disclosures that are similar to but far less extensive than for a traditional public offering under the oversight of the SEC. Think of the RedHerring(TM) that you may have seen or heard of. But with simpler requirements. The process of filing for approval from the SEC to make a Regulation A plus offering involves online work using EDGAR. Form 1-A is the document that must be filed with the SEC. Dealing with the SEC is likely to be a multi step process. It might take as little as 60 days to get SEC approval for a startup, or 90 days for an existing company, or more. The more complex the history of the company, the more involved the process will likely be."
https://www.manhattanstreetcapital.com/faq/fo...lified-sec
"If your offering meets with sufficient investor enthusiasm, then at some point in the offering process you will want to start your application with the SEC. You can be conservative, and wait until your are oversubscribed. Or if time is of the essence, you can start the SEC process earlier. Average time to get Qualified is 71 days.
Regulation A+ requires detailed disclosures that are similar to but far less extensive than for a traditional public offering under the oversight of the SEC. Think of the RedHerring(TM) that you may have seen or heard of. But with simpler requirements. The process of filing for approval from the SEC to make a Regulation A plus offering involves online work using EDGAR. Form 1-A is the document that must be filed with the SEC. Dealing with the SEC is likely to be a multi step process. It might take as little as 60 days to get SEC approval for a startup, or 90 days for an existing company, or more. The more complex the history of the company, the more involved the process will likely be."
https://www.manhattanstreetcapital.com/faq/fo...lified-sec
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