Monday, August 28, 2017

FlashFunders Acquired By Boustead & Company

Los Angeles-based crowd funding site FlashFunders, which had focused on Reg A+, Reg D, and Reg CF equity crowdfunding, has been acquired by financial services company Boustead & Company Limited, the two said this morning. Financial details of the acquisition were not announced. According to the two, the deal includes FlashFunders, Inc. and its four vertically-integrated subsidiaries. Boustead & Company is related to Boustead Securities, LLC, which had recently helped FlashFunders in completing a Regulation A+ IPO offering on the Nasdaq.