Regulation A+
Reg A+ allows companies to raise up to $75 million per year from the general public in a more streamlined process than what is required for public companies.
Dalmore is the go to Broker Dealer for Reg A+ issues, having onboarded over 270 Reg A+ clients since 2019. No one can match Dalmore’s experience and insight.
What team do I need for my Reg A+?
Regulation A+
PRIMARY ISSUANCE
SECONDARY TRADING
FRACTIONAL ISSUERS
DALMORE TECHNOLOGY
Primary Issuance
Dalmore has completed more than one million Reg A+ investments since 2019. Dalmore offers a seamless Reg A+ process, which allows issuers to host offerings on their own websites and to be the sole beneficiary of their promotional , marketing and network-building efforts.
And here's what you get from Dalmore
- 50 state broker-dealer of record primary issuance service
- Marketing guidance and experienced securities regulation compliance review
- Full service investment banking since 2005
- Reg A+ broker-dealer marketplace platform distribution partners
- Media and publisher knowledge and experience
- Fully streamlined on-boarding, diligence and advertising material review process
Secondary Trading Solutions
Dalmore also helps facilitate Reg A+ issuer participation in the rapidly expanding secondary marketplace for private securities offerings—helping provide shareholders a path to liquidity. Dalmore has completed more than 150,000 Reg A+ secondary market trades.
With Dalmore, you get:
- Secondary trading solutions through our Alternative Trading System partnerships
- Customized support for secondary trading of series issuer assets
- Ability to integrate with many third party platforms in the management and processing of investor activity
- Comprehensive data security and compliance procedures
Dalmore's Reg A+ Clients Get Access to:
- 50 state broker-dealer of record primary issuance service
- Marketing guidance and experienced securities regulation compliance review
- Full service investment banking since 2005
- Reg A+ broker-dealer marketplace platform distribution partners
- Media and publisher knowledge and experience
- Registration of captive institutional sales force and wholesaling teams
- Fully streamlined on-boarding, diligence and advertising material review process
- Secondary trading solutions through our Alternative Trading System partnerships
- Customized support for secondary trading of series issuer assets
- Ability to integrate with many third party platforms in the management and processing of investor activity
- Comprehensive data security and compliance procedures
- Ability to integrate with any escrow or paying agent
- Deep institutional, PE, venture capital and family office relationships
- We work closely with issuer client’s securities and regulatory counsel in order to coordinate filings
- Turn-key compliance solutions for private funds and the sales personnel and placement agents working for them or with them to raise capital through private placements
FRACTIONAL ISSUERS
Dalmore has shepherded several pioneering Reg A+ Series “fractionalized ownership” issuers to market – including Rally, Otis, MyRaceHorse, Collectable, Arrived, Here, Landa, Vint, Rares, CommonWealth, SongVest, FranShares, Fintor, CityFunds and many others.
“We were overwhelmed with interest and Dalmore helped us close our funding round in just one week.”
Chris Anthony
CEO, Aptera
“We have worked on many successful Reg A offerings with Dalmore. It’s always easier when the broker is experienced and can get through the regulatory process fast because they understand what the regulators need. We love Dalmore’s “get it done” attitude, and the flexibility that is needed to find solutions to the issues that arise in this very new and evolving market.”
Sara Hanks
CEO, CrowdCheck
“With millions of members, Public needed a well-trodden path for our Reg A+ primary issuance and secondary trading broker-dealer partner. Dalmore’s experience, compliance infrastructure and cost-effective solutions make them the perfect fit.”
Keith Marshall
GM, Alternatives, Public
“I’ve been in community capital for over 12 years and we chose Dalmore Group as their experience in the crowdfunding industry was unparalleled. From their advanced technology and tools, to their breadth of regulatory knowledge, to their accessibility whenever we needed anything, they were definitely the right choice for us!”
Sally Outlaw
Founder, CEO - Worthy Financial, Inc.
“There are few partners you can truly trust with your own clients. Dalmore is one of them; they combine deep regulatory expertise with practical and innovative client solutions. Dalmore is a valued partner in our ecosystem.”
Rebecca Kacaba
CEO, DealMaker
“Dalmore’s track record all across the Reg A+ space makes them an ideal partner as Vint democratizes the fine wine and spirits investment market.”
Nick King
CEO and Co-founder, Vint
“The team at Dalmore has been amazing to work with, we’ve been honored to be part of their program which has worked incredibly well for businesses and investors as they’ve led many of the biggest and most successful Reg A capital raises in the industry.”
Scott Purcell
Founder & CEO, Banq
“Dalmore has become the go to firm in the Regulation A space, offering exceptional service with professional execution.”
Laura Anthony, Esq.
Founding Partner, Anthony L.G., PLLC
“Dalmore’s professionalism and ability to navigate regulatory nuances makes them a great partner for all your broker deals needs.”
Chuck Pettid
EVP, Republic
“As the first and largest issuer of collectible assets in the Reg A+ space, working with experienced partners like Dalmore has been key to our success to date. Rally chose Dalmore as a broker-dealer partner based on their deep experience and trusted reputation in the primary issuance and secondary trading of private securities.”
George Leimer
CEO, Rally
“Dalmore Group has been the ideal partner for us to raise capital via equity crowdfunding. They’ve provided the tools, processes, and relationships to allow us to raise multiple financing rounds and successfully scale our business.”
Kevin Morris
CFO, Miso Robotics
“Dalmore Group is an industry leader for a reason. They provide exceptional value, are proactive with their clients, and operate with integrity. They have been a strategic partner to my companies for years.”
Darren Marble
CO-CEO, Crush Capital | CEO, Issuance
“Dalmore Group has been a great partner to North Capital. Our collaboration has resulted in a seamless client experience, reducing the number of intermediaries and ensuring a high level of service. The Dalmore team is experienced, responsive, and solution-oriented – everything we look for in a service provider to our customers.”
Sara Judd
CFO, North Capital
“When looking into conducting our Reg A+ offering for boxabl.com I interviewed every broker dealer in the business. Dalmore stood out big time. They had a seamless process with low fees and didn’t get in our way as entrepreneurs. With their help we were able to have a record setting Reg A+ and ultimately raised over $140m through crowdfunding.”
Galiano Tiramani
Director / Founder, Boxabl
The Reg A+ Timeline
A brief overview of how Reg A+ began, and its continuing evolution. Dalmore has been at the center of the development and growth of Reg A+ financing And in the process has refined its approach and services to meet the needs of this revolutionary marketplace.
1936-2015
The History
- Regulation A was adopted by the Securities and Exchange Commission under Section 3(b) of the Securities Act in 1936 as an exemption from registration for small issues. The annual offering limit permitted under this exemption had been raised several times and was changed to $5 million by 1992.
- Nevertheless, the exemption was used infrequently. Then, the Jumpstart Our Business Startups Act (the “JOBS Act”) of 2012 amended Section 3(b) of the Securities Act of 1933, directing the Commission to adopt rules exempting from the registration requirements of the Securities Act offerings of up to $50 million per year.
- The Regulation A amendments (“Regulation A+”) were proposed by the Commission on December 18, 2013 and adopted on March 25, 2015. The amendments became effective on June 19, 2015.
2015
The Increase To $50M
- The SEC adopted final rules implementing section 401 of the Jobs Act by expanding Reg A+ in to two tiers – Tier 1 up to 20m and Tier two up to 50M in a 12 month period
- Those changes prompted the rise of marketplace platforms
2016
A Year Of Growth
- $175M raised through Reg A+
2017
Double The Capital
- $360M raised through Reg A+
2018
More Than Half A Billion Dollars Raised
- Over $600M raised through Reg A
- SEC further amends issuer eligibility and related provisions
2019
The Billion Dollar Mark
- Approximately $1B raised through Reg A+
- Dalmore becomes active in Reg A+ issuance
2020
Powering Through The Pandemic
- Approx. $1.5 billion raised through Reg A+
2021
The Rise of Fractional Issuers
- SEC increases Reg A+ limits from $50M to $75M per year
- Dalmore Group reaches 175+ Reg A+ clients
- More and more sophisticated issuers use Reg A+
- Private fractional share issuers are emerging rapidly, offering bite-sized shares in prized and sought after assets historically only available to the super rich
2022
Dalmore's Growth and Diversification
- Dalmore's current $2B+ in Reg A+ deals will add an additional $3B+ in the coming months
- Dalmore will build upon its 20 fractional share platform issuer clients
- Rise in secondary trading market activity
- Growth in NFT and STO offerings in the Reg A+ space is expected
- Dalmore Group accounts for 58.1% of all Regulation A+ Raises Tracked by KingsCrowd
2023
Leadership and Technology
- Equity Crowdfunding Week 2022 Self-hosting Technology of the Year Award
- Equity Crowdfunding Week 2022 Self-hosting Broker Dealer of the Year Award
- Equity Crowdfunding Week 2022 Industry Leader of the Year Award
- Dalmore Exceeds 1 Million Reg A+ Investments
- Dalmore Exceeds 150,000+ Reg A+ Secondary Trades
- Dalmore Exceeds 250 Reg A+ Clients
- Dalmore's Fractional Issuer Client Base Surges to 70+ Issuers
- Dalmore Begins Year with Over $3.6 Billion in Live Reg A's
- $4 Billion in Upcoming Offerings
- Dalmore Technology Launches Dalmore Direct and Dalmore Fraction
