How much can be raised under Regulation Crowdfunding?

Up to $5 million, from both accredited and unaccredited investors. Unaccredited investors are capped by income or net worth: 5% of the greater of annual income or net worth below $124,000, and 10% of the greater above that, while accredited investors can invest unlimited amounts. Every Reg CF offering must be placed through a FINRA-registered crowdfunding portal, which may charge a minimum monthly fee or a commission of 3% to 10% of capital raised.

What is the Regulation A raise limit?

$75 million. The firm notes that a search may still return the older $50 million figure, which is out of date. Regulation A is an exemption from registering securities with the SEC, sometimes called a mini IPO, and comes in Tier 1 and Tier 2 forms.

What are the Regulation D exemptions?

Three, based on the size and audience of the offering. Rule 504 covers offerings not exceeding $10,000,000 but remains subject to state law. Rule 506(b) allows unlimited raising from accredited investors plus up to 35 sophisticated but unaccredited investors. Rule 506(c) allows unlimited raising from verified accredited investors.

Securities attorneys

Crowdfunding Lawyers

Crowdfunding Lawyers is a securities law practice in Denton, Texas that structures capital raises for real estate sponsors and operating businesses. It prepares Regulation D, Regulation A, and Regulation Crowdfunding offerings, private placement memoranda, fund documents, and the entities behind them.

Real estate is the core of the practice. The firm says its attorneys have written offerings for multifamily, self-storage, mobile home parks, office, industrial, and retail, and it handles real estate transactions across the same asset types plus land and development. Related work includes equity funds, mortgage loan funds, qualified opportunity zone funds, convertible promissory notes, business entity formation, business acquisitions, and helping clients list on a crowdfunding platform or build their own.

The site publishes explainers on each exemption. Regulation CF allows accredited and unaccredited investors but caps the raise at $5 million and must run through a FINRA-registered crowdfunding portal, which may charge a monthly minimum or a commission of 3% to 10% of capital raised. Regulation A, sometimes called a mini IPO, is capped at $75 million. Regulation D covers Rule 504 for offerings up to $10,000,000 subject to state law, Rule 506(b) for unlimited raises from accredited investors plus up to 35 sophisticated but unaccredited investors, and Rule 506(c) for unlimited raises from verified accredited investors.

Intake runs through questionnaires on the site: a general intake form plus separate forms for Regulation A or IPO business and real estate offerings, convertible promissory notes, business entities, and business acquisitions. A free consultation is offered. The office is at 101 S Woodrow Ln in Denton, on (469) 444-9999 or toll-free (833) 506-7343. Fees are not published, so ask what a complete offering package covers and what is billed separately.

Best for

Sponsors syndicating multifamily, self-storage, mobile home park, or other commercial deals who need offering documents and an entity structure. The practice is built around issuers raising capital, not investors vetting someone else's deal.

What they do

Regulation D offerings under Rule 506(b) and 506(c)
Regulation A and Regulation A+ offerings
Regulation Crowdfunding offerings
Private placement memoranda
Real estate syndication structuring
Equity fund and mortgage loan fund formation
Qualified opportunity zone funds
Business entity formation
Real estate transactions
Business acquisitions

What stands out

Says its attorneys have written offerings for multifamily, self-storage, mobile home parks, office, industrial, and retail deals.
Handles crowdfunding platform listings and setting up a sponsor's own portal.
Publishes explainers on Regulation D, Regulation A, and Regulation CF, including current raise limits and investor caps.
Intake runs through offering-specific questionnaires, with a free consultation offered before engagement.

Common questions

How much can be raised under Regulation Crowdfunding?: Up to $5 million, from both accredited and unaccredited investors. Unaccredited investors are capped by income or net worth: 5% of the greater of annual income or net worth below $124,000, and 10% of the greater above that, while accredited investors can invest unlimited amounts. Every Reg CF offering must be placed through a FINRA-registered crowdfunding portal, which may charge a minimum monthly fee or a commission of 3% to 10% of capital raised.
What is the Regulation A raise limit?: $75 million. The firm notes that a search may still return the older $50 million figure, which is out of date. Regulation A is an exemption from registering securities with the SEC, sometimes called a mini IPO, and comes in Tier 1 and Tier 2 forms.
What are the Regulation D exemptions?: Three, based on the size and audience of the offering. Rule 504 covers offerings not exceeding $10,000,000 but remains subject to state law. Rule 506(b) allows unlimited raising from accredited investors plus up to 35 sophisticated but unaccredited investors. Rule 506(c) allows unlimited raising from verified accredited investors.