Florida Office of Financial Regulation Florida OFR Home Page
Division of Consumer Finance

Crowfunding Issuers

An issuer of a crowdfunded securities offering under Florida’s Intrastate Crowdfunding Exemption (s. 517.0611, Florida Statutes (F.S.)) must file a notice of the offering with the Office of Financial Regulation (OFR) at least 10 days before the issuer commences the offering or the offering is displayed on a website of an intermediary. To qualify for the exemption, issuers must meet certain eligibility requirements.

Notice-Filing Requirements

The Florida Division of Securities utilizes the Regulatory Enforcement and Licensing (REAL) System for the notice-filing of crowdfunding issuers. This online system enables notice-filers to submit the Form FL-CI, Notice of Crowdfunding Issuer Offering, documents and fees electronically. Additional filing requirements shall be submitted as prescribed in s. 517.0611, F.S., and Rule 69W-600.0018, Florida Administrative Code (F.A.C.).

Paper filings for crowdfunding issuers received ty the OFR will be returned to the filer with instructions for filing electronically.

To notice-file through online services, click here

Maintaining Notice-Filing

Amendments to Form FL-CI

If the information contained on the Form FL-CI becomes inaccurate for any reason, the crowdfunding issuer shall file an amendment on the Form FL-CI, correcting the information within 30 days.

Amendment filings for crowdfunding issuers shall be made through online services.

Termination of Crowdfunding Issuer Notice-Filing

Crowdfunding issuers shall file notices of termination on the Form FL-CI. Termination filings shall be submitted through online services.

Renewal of Crowdfunding Issuer Notice-Filing

Crowdfunding issuer notice-filings and the offering expire 12 months after filing the notice with the OFR and are NOT eligible for renewal.

Forms

Form FL-CI, Notice of Crowdfunding Issuer Offering

Supplement CI – Preparing a Disclosure Statement for a Florida Intrastate Crowdfunding Offering

Statutes and Rules

Crowdfunding issuer notice-filers are subject to the requirements found in Chapter 517, F.S., the Securities and Investor Protection Act, and the administrative rules, Sections 69W-100 through 69W-1000, F.A.C.