Raising Capital Through a Public Offering
Startups and SMEs, in particular, often have difficulty obtaining bank loans to finance their ventures for a variety of reasons. In such cases, investment products available on the capital market often offer an attractive alternative. When is the requirement to prepare a prospectus triggered, and when might a private placement be considered?
Token Sale as Public Offering or Private Placement – What are the differences?
Over the last years, so-called token sales have emerged as a new method of financing for businesses. By such, companies that seek funding offer interested investors their self-created blockchain tokens for purchase. These tokens allow their bearers the assertion of certain connected rights vis-à-vis the issuer. The rights that can be associated with the tokens […]