Unlocking New Potential: Switching from 506b to 506c Mid-Raise
When it comes to raising capital, companies have options. The most common in terms of both volume and investors is a private placement utilizing the...
We’re pleased to share another episode of Forge in Focus, our podcast series spotlighting the people of WealthForge. In Part Two of Episode 3, “The Co-Founder,” WealthForge Co-Founder Mat Dellorso shares more details about the company’s beginnings, including how both our business model and technology evolved in the wake of the 2012 JOBS Act.
While WealthForge’s founding ideals of access, efficiency, and transparency in alts stayed the same during this transition, Mat knew there was a better way to scale access to more quality alternative investment options to more people:
“We know the regulatory process and we have the technology that allows for people to subscribe at scale,” said Mat. “We [knew we] could promote and enable these online marketplaces to do transactions legally and with proper diligence—and with investor protections—with easy tech.”
That technology would grow to become Altigo, an online subscription platform for alternative investments.
Listen to the full seven-minute second part of Forge in Focus Episode 3, and check back soon for Part Three!
When it comes to raising capital, companies have options. The most common in terms of both volume and investors is a private placement utilizing the...
Regulations within the alternative investment industry constantly evolve. With its dynamic nature, it can prove difficult for financial advisors and...
When Title II of the Jump Start our Business Startups (JOBS) Act took effect in September 2013, Rule 506 of Regulation D was split into 2 distinct...