After filing a Reg A+ mini-IPO, a company needs to address additional responsibilities in the areas of accounting, reporting, and investor relations. This chapter covers the basics of what lies ahead after the funds have been raised, including a number of best practices that we have observed in smaller firms.
Accounting and Reporting
Firms that have raised funds under Tier 2 of Reg A+ need to prepare for greater financial and reporting scrutiny that will be required by investors and governmental entities. Failure of firms to comply with regulations in a timely and complete manner can lead not only to a loss of credibility with investors but can (i) jeopardize many of the benefits of Tier 2 (e.g., carve-outs from ...