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What types of Issuers are disqualified from relying on Reg. CF?
What types of Issuers are disqualified from relying on Reg. CF?
Updated over a year ago

If Crowdsurf has a reasonable basis for believing an Issuer, or any of the Issuer’s officers, directors (or any person occupying a similar status or performing a similar function) or beneficial owners of twenty percent (20%) or more of the Issuer's outstanding voting equity securities, calculated on the basis of voting power, are subject to the disqualification provisions of Rule 503 of the Securities Act, the Issuer may be disqualified from relying on Reg. CF and conducting an Offering on the Platform.

In addition, if Crowdsurf has a reasonable basis for believing that the Issuer or the Offering presents the potential for fraud or otherwise raises concerns about investor protection, the Issuer may be disqualified from relying on Reg. CF and conducting an Offering on the Platform.

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