Orange County Business Journal
Gregg Amber, head of Rutan & Tucker’s Corporate department was quoted in a May 29 issue of the Orange County Business Journal (OCBJ) about a Newport Beach manufacturer that is posted to become the first equity crowdfunded company to list on the NASDAQ. According to the OCBJ, Adomani, Inc., which converts school buses and other fleets into zero-emission electric and hybrid vehicles has raised more than $14 million on flashfunders.com and plans to go public this week.
Amber says several clients have inquired about Regulation A+ funding, but none have started the process.
“I think that’s pretty much the trend nationwide,” he said. “Having a robust Regulation A is good for small and middle-market companies. It has potential.”