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What Is The Timeline For A Reg A+ STO Via Convertible Note?


Step 1.A.

Start the Reg A+ process. Two-year Audit (if your company has existed for less than 2 years, the audit period will be the age of your company). After the Audit is done, file the Form 1-A with the SEC.

Step 1.B.

Prepare the Convertible Notes. The offering goes live on Manhattan Street Capital, market the offering, raise capital up to $75 million with the Convertible Notes. The issuer company is allowed to give discounts to early investors and during the offering, gradually reduce these discounts.

Step 1.C.

Start the Token and Smart Contract development using the capital flowing in from the Convertible Notes.

Step 2

The SEC qualifies the offering. The Noteholders have an exit route if the SEC does not Qualify the Reg A+.

Step 3

The Tokens are functioning and they are ready to be issued to the Note owners.

Step 4

After the SEC Qualifies the offering and the Tokens are ready, the Note owners become Reg A+ investors and their Notes convert into Tokens. The Tokens are considered liquid securities, the investors can sell them without a holding period.


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Services that we provide for STOs

Cost guide for a Security Token Offering

Timeline Schedule for a Reg A+ STO