DiMuroGinsberg attorney, Kendall Almerico, is considered to be one of the top crowdfunding and JOBS Act attorneys in the country. In an article published by Entrepreneur magazine, Kendall reports on the first three months of the recently passed Title III of the JOBS Act and offers encouraging news for entrepreneurs and companies needing to grow their businesses. Title III legalized true equity crowdfunding, allowing startups to raise up to $1 million in capital online, from the general public.
“The early report card is encouraging for Title III and it appears that the law will be a success despite the legal limitations it imposes. If we can just get Congress to fix those remaining issues with the law, most notably removing the unnecessary marketing restrictions, Regulation CF has a chance to fulfill its original promise.”
Read Kendall’s article here.
Kendall’s practice is focused on crowdfunding law, and particularly on equity crowdfunding through Regulation A+, Regulation CF and Regulation D, Section 506(c) private placements under the JOBS Act. If you have any questions about equity crowdfunding or the new law, feel free to reach out to Kendall at KAlmerico@DiMuro.com or call him at 703.684.4333.