Securities Straight Talk Vol. 4: Why you Need to Consider Blue Sky Laws Before Conducting a Capital Raise
Not taking securities laws into account prior to the start of your offering can create a dark cloud over your otherwise bright, sun-shiny raise.
Securities Straight Talk Vol. 2: Out With the Old (Rule 505), In With the New (Rule 504)
The SEC released its final ruling that amends Rule 504 and repeals Rule 505, altering Reg D as we know it. In a nutshell, the SEC has combined the best of Rule 504 (unlimited investors, no accredited investor requirement, no burdensome disclosures) with the best of Rule 505 (a $5,000,000 offering limit).
Don’t Have Enough Authorized Shares? There’s A Fix For That
Last September, the Texas legislature ratified Subchapter R, giving Texas for-profit corporations a statutory device for ratifying what were once considered void or voidable corporate acts or issuances of company shares. The new legislation applies to well-established and newly formed […]
Finding Angel Investors In Texas
One of the most common questions I get from my startup clients is, “Can you help me find investors?” The answer is always a very lawyerly, “Well, yes and no.” I generally hate it when people say that, but it’s […]
Charting the Landscape of Series Seed Investing in North Texas
This was drafted in 2015 and was our first review of our early-stage financings. It’s an exciting time in North Texas for startups. All indications are that we are on the verge, if not already in the midst of, a […]
Client Spotlight: Q&A with Matt Alexander of Edition Collective
Matt Alexander, founder of Need and Foremost, has been all the rage lately as he was recently featured in D Magazine as an emerging “titan of industry.” Matt talks with VW during our Q&A session to offer some of […]
Franchise Tax Treatment Of Texas Series LLCs
(Disclaimer – I am not an accountant, much less a CPA. The info below is informational only and is intended to provoke further discussion in the rapidly evolving world of Texas Series LLCs. Please consult with your attorney and CPA […]