Capital Markets, Explained
US venture deal value through Q3 2026 already beats 2021's full-year record — yet AI takes 82.7% of it, IPOs remain scarce, and the Fed is holding rates at 3.75–4%. What that means for founders raising now.
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One lets you advertise; the other lets you accept a few non-accredited investors. A practical guide to the two Regulation D exemptions — including the SEC staff's 2025 position on high minimum investments.
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2026 has reshaped how US securities law treats crypto assets. A briefing on the SEC's March interpretation, the proposed Regulation Crypto Assets, and September's Innovation Exemption for onchain trading of tokenized stocks.
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Any issuer may gauge institutional interest before or after filing a registration statement. How Rule 163B works, who you can talk to, and the liability that still applies.
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Most Regulation D offerings use no intermediary at all. When one is used, whether it is a registered broker-dealer or an unregistered finder changes the risk profile — for issuers and investors.
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For a cross-border raise, Regulation S governs offers and sales made outside the United States. The core conditions, the restrictions on US issuers' equity, and why an offshore offer can't be a backdoor US placement.
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Three ways a growth company can staff capital raising and strategic transactions — and what each one costs in focus, continuity, and regulatory exposure.
Read articleInsights are for informational purposes only and are not legal, tax, or investment advice, or an offer to sell or a solicitation of an offer to buy any security. Securities offered through Umergence LLC, Member FINRA/SIPC.
