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Tuesday, July 30, 2019 12:01:21 AM
I tried to find something that explains what it and I found this after a little Googling.
Color and bold by me.
Smaller, non-exchange traded public companies will soon benefit from being able to utilize Regulation A to sell their securities in primary public offerings like uplistings and other types of capital raising transactions including rights offerings. On December 19, 2018, the SEC adopted final rules to amend Rule 251 of Regulation A under the Securities Act of 1933 to enable companies that are already subject to the reporting requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934 to use Regulation A, which they had not been able to use under the original JOBS Act of 2012. See SEC Release No. 33-10591. The SEC’s rule amendments were mandated under the Economic Growth, Regulatory Relief, and Consumer Protection Act enacted by Congress earlier this year. The amendments to Regulation A will become effective when the new rules are published in the Federal Register, expected to occur sometime in January 2019.
Complete text here.
SEC Adopts Rules Opening the Door for Public Companies to Use Regulation A for Their Securities Offerings
Non-exchange traded public companies are the BB exchanges. I'm not even going to try to guess what Vivos is planning, but there seems to be some palatable options with this type of filing. Perhaps there will more info about their intentions in the future.
Just my opinion
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