Private equity, debt financing fill financing void for entrepreneurs
With financing from banks frozen, northern Nevada companies are raising capital in private deals with groups of investors.
At least 15 companies in the region have filed notic
es this year with the Securities and Exchange Commission that they are raising money through sale of equity or debt offerings to private investors.
Comparisons with previous years are difficult because the SEC this year began requiring electronic filing of the notices of private financings, which show up on searches of its online database. Previously, filings often were made in a paper format.
The companies that have turned this year to private investors through so-called “Regulation D” offerings — the name comes from the applicable SEC regulation — cover a wide range of industries. Read more:
