The House Financial Services Committee has approved an increase in the limit on Reg A+ IPOs to $75 million from the current $50 million, according to a report. The bill still needs to be taken up by the full House before being passed to the Senate and the timeframe for that vote is unclear. Industry experts say the bill, if it became law, would likely attract more companies and investment banks to the Reg A+ arena.
House Financial Services Committee Approves Lifting Reg A+ IPO Limit to $75 Million
