Form C – Everything You Need to Know
Form C is a critical step in the crowdfunding process for all companies raising under Regulation Crowdfunding. Form C is a disclosure document that is filed with the SEC prior to launching your campaign. Many founders are intimidated when they hear they must file with the SEC to raise; however, this process is really put into place to protect you and your investors. So, don’t be intimidated!
The Purpose of the Form C
Form C is a document that must be submitted to the SEC prior to launching your crowdfunding campaign under Regulation Crowdfunding. The document discloses the terms of your campaign and background into your company’s business. This form is required for many reasons, however three really stand out:
What is Included In the Form C?
To put it simply, Form C includes a lot of questions. With the goal of providing as much information as possible to investors, it should be no surprise that the SEC requires a wide range of information be submitted. The following list includes the bulk of what is required in Form C:
Awesome concept!!!
I am confused on the offering though. It reads each unit is $1,000. The minimum is listed as $100.
Which one is correct?
V/r,
John R Hume
Hi John!
Some crowdfunding campaigns allow for fractional shares. In the example you pointed out, the minimum investment allowed is $100, but each share is $1,000. So you are able to buy 0.10 shares if you wanted to.
Hope that helps!
The PicMii Team