Raising Capital Through Private Placements: Rule 506(b) vs. Rule 506(c) Offerings
By EsqSocial Corporation 26/10/20
Startups, and particularly first-time founders, typically find that raising funds is a significant, challenging and time-consuming process. There are many ways a founder can secure funding, including crowdfunding, bootstrapping, and debt and private offerings, each having its own considerations. Among the many options available, most founders typically elect to hold private offerings (otherwise commonly known as private placements), selling and issuing securities—including convertible notes,...
By: Manatt, Phelps & Phillips, LLP