One Step Closer: US House Passes ‘Halos Act’ Legislation Clarifying Pitch Events Are Not ‘General Solicitation

Spring 2017 Angel Venture Fair 2017

In this article about the "Halos Act" for the Angel Venture Fair 2017, Matthew explained that, "if the bill becomes law, early stage companies presenting at demo days and other 'pitch events' will have clear guidance that such actions are exempt from violating the SEC’s prohibition on “general solicitation”, avoiding the need to verify investors as “accredited” as a result of their pitches."