Abstract
The JOBS Act defines eEmerging Growth Companies (EGCs) merging growth companies (EGCs) in the United States as firms with less than $1 billion in revenue. The act targets these firms, allowing them to raise up to $1 million by selling ownership stakes (equity capital), or taking on debt (loans) via crowdfunding. These firms can raise a maximum of $1 million on an annual basis.
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Michael T. Rave et al., “JOBS Act: On Regulation A, Regulation D, and Crowdfunding Provisions,” Day Pitney Alert, April 19, 2012, www.daypitney.com/news/newsDetail.aspx?pkID=4117 .
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© 2016 William Michael Cunningham
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Cunningham, W.M. (2016). Emerging Growth Companies. In: The JOBS Act. Apress, Berkeley, CA. https://doi.org/10.1007/978-1-4842-2409-0_3
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DOI: https://doi.org/10.1007/978-1-4842-2409-0_3
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Publisher Name: Apress, Berkeley, CA
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