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.
Start the Token and Smart Contract development using the capital flowing in from the warrant investments.
Step 2
The SEC qualifies the offering.
Step 3
Prepare the warrants. The offering goes live on Manhattan Street Capital, market the offering. Raise capital up to $75 million by selling warrants to investors that they can later convert into Tokens.
Step 4
The Tokens are functioning and they are ready to be issued to the warrant owners.
Step 5
After the SEC qualified the offering and the Tokens are ready, the warrant owners become Reg A+ investors and they warrants convert to Tokens. The Tokens are considered liquid, the investors can sell them without a holding period.
Related Content:
ManhattanStreet-STO(TM) Program
Services that we provide for STOs
Timeline Schedule for a Reg A+ STO
Cost guide for a Security Token Offering