Netcapital Inc (NCPL)

[Femto99]

SEC Will Raise Reg CF Limit to $5M
https://ragingbull.com/angel-insights/sec-will-raise-reg-cf-limit-to-5m/
The second change actually looks more important to me. You do not need to calculate the ceiling for your annual REG CF investment

2. Non-Accredited Investors Can Invest More Each Year


When these changes take effect in January 2021, an investor’s limit over 12 months will be based on the greater of their annual income or their net worth.

Currently, the limit is based on the lesser of an investor’s income or net worth.

This is absolutely huge for investors.

Under the current limits, an investor with an annual income of $30,000 and a net worth of $105,000 would have an investment limit of $2,200 annually (Greater of $2,200 or 5% of $30,000).

Once this amendment takes effect, the limit will be based on the greater of the investor’s income or net worth –– in this case, their net worth.

So their 2021 limit would then be 5% of their $105,000 net worth, or $5,250.

In another example, an investor with a $100,000 annual income and a $500,000 net worth can currently invest $10,000 per year (10% of the lesser of the two).

Come January 2021, they’ll be able to invest up to $50,000 per year (10% of the greater of the two).

These new, higher numbers give regular investors more freedom. You’ll be able to put more into the private markets and have the ability to build your startup portfolio like never before