March Update: How to correct a missing 83b filing, and understanding crowdfunding regulations
Welcome to More From Fourscore
What new resources do we have for you this month? Take a look at our quick video from Fourscore Attorney Maks Ewendt.https://www.youtube.com/watch?v=s2DCqUPJNmM&feature=youtu.be
Client Named "Must-Watch" Startup
Triangle Inno included our client Levee Medical on its recent list of 12 startups in the triangle to watch. Levee is gathering well-deserved attention for its groundbreaking medical device that will improve patient outcomes following prostate cancer surgery.
News From Client Animal Cancer DX
Animal Cancer Dx, which we profiled in January, has been accepted into Leap Venture Studio’s accelerator. Leap is the first and only pet care-specific startup accelerator and is sponsored by Mars Petcare, Michelson Found Animals, and R/GA Ventures. The selection means 12 weeks of programming on top of a $200K investment.
How to Correct a Missing 83b Filing
Failing to timely file an 83(b) election creates tax risks for both the stockholder and the issuing company. On the blog, Sean Valle details what steps to take if you miss one of these important filings. Check it out!
Regulations for Crowdfunding Financing
Crowdfunding presents a business with a growth pathway that's not bank loans or traditional funding. The opportunities are big, but so are the regulations. Pete Singh explains the regulatory processes and legal obligations over on the blog. Read it here.
Upcoming Event for Founders
Jesse and Maks are speaking at a Gust event on Tuesday, March 14 at 3pm. The session is ideal for founders in the early stages of exchanging ideas, equity, and money with other parties. Join us to learn about core agreements you can put in place to grow and protect your business!
We loved seeing some of you at our crowdfunding panel in February!Picture on the top is by Valeria Boltneva and is in the public domain.Headquartered in the Research Triangle region of North Carolina, Fourscore Business Law serves entrepreneurs and businesses in the Triangle, throughout the Southeast and in Silicon Valley / San Francisco. We also represent venture capital funds and other investors who invest in companies throughout the U.S. The idea of delivering maximum impact in a simple and succinct manner is what we’re calling the Fourscore Principle. And that is what Fourscore Business Law is based on. Our clients operate in a broad range of industries including tech, IoT, consumer products, B2B services and more. Questions? Shoot us an email or give us a call at (919) 307-5356. Your first call is on us.