As the author, and biggest proponent, of the recently signed Illinois Intrastate Crowdfunding bill (HB 3429) I have been doing my best to get the word out about it and the potential it holds for Illinois business and investors. As part of that effort, I recently did a presentation at 1871 herein Chicago entitled “The Illinois Crowdfunding Exemption and How To Use It To Raise Capital.” I thought it would be beneficial to post that presentation here for those that were unable to attend and might be interested.
DISCLAIMER: Nothing in this post is, or is intended to be, legal advice. The information herein is provided for informational purposes ONLY and YOU SHOULD CONSULT WITH YOUR ATTORNEY before using any of this information. Further, I make NO REPRESENTATION OR WARRANTY as to the accuracy or use of any of information contained in this post and I shall have NO DUTY to update any of the information below or attached.
This presentation is intended to give a summary of the new Illinois Intrastate Crowdfunding Exemption as well as the specific requirements for companies who wish to use it to raise capital. The presentation also includes some more general information which would be important for anyone interested in using crowdfunding to raise capital including a graphical depiction of certain typical Debt and Equity Based crowdfunding transactions as well as tips for a successful offering.
For those that would like to actually see the full presentation, click below:
If you just want to see my slide show without listening to my awesome commentary, click below:
Finally, for those that would like .pdf copies of the slides, click below: