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Estimated Reg CF Costs for US-Based Companies:
What Why/Work to be done When Estimated Cost
USA Lawyer To file your SEC Form C and state filings First step in moving forward $7,500-15,000k
Auditors Are required to be filed with your Form C First step requirement $2,500 +
FINRA Broker-Dealer States require you to have a Broker-Dealer to sell securities to investors Begin engagement when you start with a lawyer 3-5% fees + $2,600-$10,000 (these are upfront fees)
Escrow Provider SEC requires that funds be held in escrow during the capital raise for a RegCF Required to file Form C $1,000 – $3,500 one time fee
Closing fees TBD
Investor Acquisition
Investment Page
PR Firm
IR Firm
Video
Social media
Media Firm
Advertising
Webinar
Newsletter
Publishers
The sooner you can begin to start building your community, the more it increases your company’s chance of achieving your offering goals Before you file your Form C $10,000 to $15,000/month
Plus any additional advertising you will do
Investor Relations Director If not already available in house, you may look to hire an internal resource to manage incoming inquiries from potential investors, in order to handle outbound calls to investor leads compliantly. This is only an option to consider $4,500/month
Data Access Providers with Data set up to access 1.5B records $2,500-$5,000 one-time fee
$2.00-$5.00 for investor lead
KoreConX All-In-One platform RegCF Solution
Mobile App
Private Label
RegCF Invest Button
Shareholder Platform
Portfolio Platform
DealRoom Platform
KoreID
KoreID Verified
$550.00/month
$3,500 Set up Fee
SEC-Transfer Agent KoreConX End-to-end solution includes the RegCF Investment platform and
SEC Transfer Transfer Agent as required to file your Form C
Required to file Form C Included with KoreConX All-in-One Platform
Investment Platform for RegCF Requires 10-14 days to set up After you retain your lawyer Included with your KoreConX All-In-One Platform
Live Offering During the live offering you will have to pay for KYC (ID, AML), search fees required Ranges from $1.50/person-$15/person. With KoreConX these fees are provided at cost and vary depending on country; with no markups
Live Offering During the live offering you will have to pay for your Payment processors (Credit Card, ACH, EFT, Crypto, WireTransfer, IRA) With KoreConX these fees are provided at cost with no markups
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