Bridger Pennington breaks down each field on the SEC Form D, from issuer information and fund type to use of proceeds and signatures. He stresses hiring a law or compliance firm to get it right, since you can amend the filing later.
Chapters
All right, let's talk about filing your Form D. This is the official notice you're giving to the SEC. Now let's walk through what a Form D looks like. I would recommend a law firm or compliance firm to help you file this. But again, I want to make sure you understand what's on there. This right here, this is a Form D right from the SEC. If you're looking at my screen, you put your name in, jurisdiction, street address, pretty simple. Then you come down here and you say what type of thing you are doing. Are you doing a pooled investment fund, investment banking? Insurance, commercial banking, they'll all use this. But you come down here, oh, we're going to do a hedge fund or a private equity fund or a venture capital fund. You're going to mark which one you're doing. Is the issuer registered as an investment company? You'll say yes or no there. So you'll select which one you're doing. Let's just say we're doing a Reg D 506 fund. Great. We just select it right on here. This is a new notice. We're just starting. We're going to raise equity on this offer. You can always amend this later. And you go down and you fill this out, use of the proceeds, signature, and you sign all this stuff. Again, your law firm, I'd have them just help you fill this out, make sure it's done exactly the right way. A lot of disclosures here. If you're looking at building a fund and would like help implementing this and actually doing this for your own fund or deal, there's a link down below this video to book a call with one of my team members. So what happens is you'll book a call, you register on their calendar, come ready to the meeting, bring all your materials, your deals, what you're working on right now. Bring it together. My team is going to look at it with you and see if we can help you with your fund. If we can't, we'll just send you to somewhere else. But there's a chance that we might be able to help implement your fund with our handful of law firms, our 15 different expert coaches, our softwares, our pitch deck designers to help implement into what you're doing right now. So if that's interesting to you, there's a link down below to book a call and we will see you inside.
