Here’s What’s Actually Going on With the SEC and Republic’s STO
Cointelegraph
Published Aug 07, 2020 08:53AM ET
Updated Aug 07, 2020 11:40AM ET
On Aug. 5, Republic, a platform for investing in startups, announced that it had sold out commitments for coming fundraises for its security token, Republic Note, happening under two distinct exemptions.
The firm is in total looking to raise $16 million — $11 million already committed under Reg. D, with another $5 million earmarked from public investors waiting for a Reg. A+ to clear. This follows earlier private funding rounds.
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Written By: Cointelegraph
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