And Reg A+ is also gaining good traction: extensive research by Rialto Markets using SEC data showed that a 168-strong sample of Reg A+ issuers enjoyed a 90% completion rate, when raising between $5 million and $25 million in capital.
Shari Noonan added: “Smaller retail investors already have safe and regulated access to some of the best and most innovative private companies through crowdfunding. We are opening this up further through our secondary market ATS trading platform.”
“They can now invest in the next Tesla, Amazon or Coinbase and trade those shares on a secondary market much earlier, long before they list on a major exchange like Nasdaq.”
“Their investment stake can be any size; it might be cash they have saved for a rainy day or a small inheritance they hope to grow. With shrewd investment, they might then later pay off a student loan or make a down payment on a home.”