Search

OTC Markets Blog

Latest commentary on Market Structure, Compliance, Small Cap and Reg A+ issues, including insights on the news and trends that affect the public markets.

Category

Regulation A+

Cromwell Coulson’s Fireside Chat with Bob Pisani

Cromwell Coulson’s Lifetime Achievement Award and Dedication to STANY

April 19, 2018

The Security Traders Association of New York (STANY) honored OTC Markets Group CEO Cromwell Coulson with its 5th Annual Award for Lifetime Achievement and Dedication to STANY at its 82nd annual conference. Cromwell joined CNBC’s Bob Pisani for a Fireside Chat to talk about the evolution of OTC Markets Group and the contributions of  industry professionals that have leveraged their knowledge for the benefit of  both the trading community and investors.

OTC Markets Group CEO and President Cromwell Coulson and CNBC reporter Bob Pisani revisit a time before the advent of electronic trading.  The discussion focuses on how Cromwell, along with a group of investors, saw the value in making the pink sheets more transparent and electronic.  Through the valuable feedback and insight provided by the trading community, Cromwell created organized, efficient and data-driven markets  today knowns as OTC Markets Group.

 

Bob Pisani and Cromwell delve further into the discussion of bitcoin, where it fits in the regulatory scheme, how it is priced and the market’s job in assessing the risks. Cromwell also offers perspective on the role of short selling in today’s market.

Bob and Cromwell conclude their chat discussing volume in today’s current market and how to improve the process of capital raising by making it online, social and data-driven.

Short-Term Gain = Long-Term Pain?

Building a Sustainable Public Company with Longer-Term Investors

Continue reading “Short-Term Gain = Long-Term Pain?”

Is Regulation A+ an Initial Public Offering – IPO?

By Rod Turner | Manhattan Street Capital, Inc.

This is not a traditional IPO. While you are allowed to use a Reg A+ offering to take your company public and list it on the NASDAQ or the NYSE, that is not a requirement, and it is not the path most companies will take because the reporting costs from being public on the big boards are very high. Continue reading “Is Regulation A+ an Initial Public Offering – IPO?”

Think an IPO is the only way to access the Public Markets?

The high cost to complete an IPO onto a U.S. stock exchange – on average $2.5 million*, combined with the declining bank appetite for small-cap IPOs, is forcing many small companies to stay private longer. However, the public markets offer tremendous benefits for small-cap companies seeking to raise capital and grow their businesses. Fortunately, an IPO isn’t the only method for small companies to gain the benefits of a public market. Continue reading “Think an IPO is the only way to access the Public Markets?”

Don’t Look Now: You’re Public

Recently, at a Crowdfunding conference in L.A., I met with three company CEOs all in the process of doing Reg A+ deals.  When I asked them about their plans for secondary trading, I was surprised by the answer.  All three responded with some variation of “we don’t plan on going public – we will just issue the shares, there won’t be a market.” Continue reading “Don’t Look Now: You’re Public”

6 Key Takeaways from Our Reg A+ Bootcamp

OTC Markets Group recently held a Regulation A+ Bootcamp at our OTC Market Center in Manhattan to educate public and private companies about how to do a successful Reg A+ offering and go public under the Jumpstart Our Business Startups Act (JOBS Act). Continue reading “6 Key Takeaways from Our Reg A+ Bootcamp”

The Road Not (Yet) Taken

As part of the JOBS Act, Congress and the SEC updated and expanded Regulation A (Reg. A) to reduce some of the road blocks to capital formation faced by startups and emerging growth companies.  Many have argued that regulations implemented over the past two decades have removed the economic incentives for broker-dealers to engage in smaller offerings. Continue reading “The Road Not (Yet) Taken”

Regulation A+ Thoughts and Insights

In June 2015, the SEC adopted amendments to Regulation A (“Reg. A+”), easing the burdens emerging and growth companies face in raising capital. With all of the recent excitement surrounding Reg. A+, we wanted to share some thoughts and what we’re noticing in these early stages. Continue reading “Regulation A+ Thoughts and Insights”

How Warm is the Water?

At its core, raising capital is about building relationships.  Companies seek investors who clearly understand their stories, want to help them achieve their objectives and believe in their investment potential.  Thus, companies may want to view Testing the Waters (“TTW”) in a broader context than just “how much can I raise?” TTW can be a part of a company’s overall investor relations strategy.  It’s the courtship before marriage.   Continue reading “How Warm is the Water?”

Up ↑