pixel
';
Regulation A Offerings – Series LLC and the Replicate Model

Regulation A is frequently used for issuers seeking to fractionalize ownership in assets. As such, these issuers execute numerous offerings each year for new assets and two offering structures under Regulation A have stood out for creating efficiency in the preparation process: (a) Series LLC and (b) the “Replicate Model”.   Series LLC: Series LLC’s work well for issuers seeking to fractionalize ownership in assets as each new offering for a new asset is filed as a new Series LLC under the Master LLC and Master Form 1A and an amendment is made to the existing SEC qualified Regulation A filing. Since the asset is probably very similar to the prior asset for the prior series – the legal work to prepare and file is dramatically reduced from the original filing.   Replicate Model: The Replicate Model functions in a similar manner except each new asset executes under a new Regulation A offering qualified for that entity and a new entity is typically formed for each new asset. The difference here is instead of an amendment to an existing Regulation A Form 1A – there is a new Form 1A being submitted for qualification for a new non Series type entity. The efficiency is created in using a Form 1A for the prior similar asset for developing the new offering and SEC filing thus creating a shorter lead time for finalizing the filing and legal work.  Interested in learning more? Contact us today at (720) 586-8610!

Comments
Share
admin