The JOBS Act was passed in April 2012 to make it easier for entrepreneurs, startups, and small business to access capital. While the JOBS Act does offer new options in fundraising, the crowdfunding portion of the JOBS Act has not yet been fully implemented. Because of this, Localstake currently relies on other laws for conducting fundraises on the platform to conduct offerings, including the Regulation D safe harbor.
Have more questions? Submit a request