Analysis

Reg A+ 'Mini-IPOs' Face Market Resistance

Law360 (February 23, 2018, 9:32 PM EST) -- Nearly all publicly traded companies that have raised money though so-called Reg A+ initial public offerings — a scaled-down version of a traditional IPO intended to ease burdens on smaller companies — have seen their shares plunge since going public, raising questions about the program's viability.

Over the past year, nine companies have used the relatively new capital-raising tool, which was expanded by the Jumpstart Our Business Startups Act of 2012, and concurrently listed on a major stock exchange. Additionally, three-wheeled car maker Elio Motors Inc....
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