“The activity of the VC & SMB market expanded, both fundraising and the activity grew at a faster pace than the overall Reg D market.
VC and operating companies captured 19% of the overall pool of money raised via Regulation D, yet they represented 46% of Form D filers during the seven days ending on May 27. Issuers fetched 97 cents for each dollar offered, representing an improvement of 52% for the period. Following a more stable trend, compliance scores on average reached 94.
During the week, the number of fundraising transactions increased by 8.7% to 225. Companies were much more bullish than before and offered the market $2.73 billion worth of securities, an improvement of 77%. Mirroring a similar path, investors acquired much more, subscriptions grew 282% to $2.64 billion.”
During the seven day period, the Regulation D market contracted at a slightly faster pace in terms of transactions while the pool of money raised shrank at an a milder clip. The activity of the VC & SMB market contracted in line with the overall Regulation D market trend though fundraising growth outpaced the overall Regulation D market.
Download the complete weekly report below