FORM 1-A Preparation and Filing Services
The SEC form 1-A in many ways resembles the traditional S-1 registration statement used by companies conducting initial public offerings.
When a company decides to issue securities under Regulation A+ it is a somewhat involved process that requires a good deal of coordination among a host of third party professionals. Vantage Advisors Capital Division will oversee and manage the activities of all appropriate participants on behalf of the issuer in order to create a streamlined compliant process with little to any frustration while completing the form 1-A filing process.
The SEC form 1-A is actually broken up into three parts.
Part I of Form 1-A serves as a notice of certain basic information about the issuer and its proposed offering, which also helps to confirm the availability of the exemption. The notification in Part I of Form 1-A requires disclosure in response to general items such as issuer identity, industry, capital structure, contact information, ect. Part I of form 1-A also goes into ”bad actor” disqualifications and disclosures, along with jurisdictional and previous securities sales information.
Part II of Form 1-A contains the primary disclosure document that an issuer will prepare in connection with a Regulation A offering. This primary disclosure document is called an “offering circular.” This offering circular is the equivalent to a prospectus. Issuers are required to provide financial disclosure in Part II that follows certain requirements. Part II of form 1-A is a narrative document in opposed to Part I which is a PDF fillable form.
Part III of Form 1-A requires issuers to file certain documents as exhibits to the offering statement. Issuers are required to file the following exhibits with the offering statement: underwriting agreement; charter and by-laws; instrument defining the rights of securityholders; subscription agreement; voting trust agreement; material contracts; plan of acquisition, reorganization, arrangement, liquidation, or succession; escrow agreements; consents; opinion regarding legality; “testing the waters” materials; appointment of agent for service of process; materials related to non-public submissions; and any additional relevant exhibits the issuer may wish to file.
For those business owners who wish to make use of our 1-A Filing and Consulting Services the first step would be to complete the questionnaire after clicking “Client Intake Request” Tab.
Once the questionnaire is completely filled out our staff can make a complete assessment as to where the company is in its stage of development. Afterwards we can provide the business owner a detailed breakdown of the cost and time that will be required to complete the transaction. This breakdown will also out line the various third party professionals that will need to be coordinated in order to successfully complete the transaction. Our company bills $300.00 per hour for Form 1-A Filing and Consulting Services.
It usually takes our staff 4 to 5 business days to prepare a time and cost proposal for 1-A Filing and Consulting Services. Clients should allow this time for us to prepare a proposal for services.
Please note; legal fees, accounting fees, governmental filing fees, advertisement costs, and finder’s fees are additional expenses.