Phoebe Stratton
Phoebe Stratton writes for Edro Review and other Independent Journal publications, covering SEC filings and securities regulation and IPOs, direct listings and exchange listings. Reporting under this byline is prepared by the Independent Journal editorial desk from primary sources, with AI assistance, and reviewed under our editorial policy.
9 articles
Entertainment Arts Research Files Form 1-A Amendment
Entertainment Arts Research, Inc. filed a 1-A/A on EDGAR on Oct. 13, 2026. Here's what a Form 1-A amendment is, how Reg A works and what to watch next.
Testing the Waters Under Regulation A+: Rule 255 Explained
Testing the waters lets a Regulation A+ issuer gauge investor interest before or after filing Form 1-A. See what Rule 255 allows, the legends and the limits.
UNATION Files 1-A/A: A Form 1-A Amendment Explained
UNATION, Inc. filed an amended Form 1-A (1-A/A) with the SEC on Oct. 5, 2026. Here is what that filing type means and what to watch for next.
Equity Crowdfunding Under Title III: How Reg CF Works
Regulation Crowdfunding lets eligible companies raise capital online through registered intermediaries. See the limits, Form C, investor caps and key rules.
Rule 506(b) vs. Rule 506(c): Which Reg D Route Fits?
Compare Rule 506(b) and Rule 506(c) of Regulation D: general solicitation, accredited investor verification, non-accredited buyers, Form D and bad actor rules.
Advasa Completes a Nasdaq Direct Listing: What the 8-K Says
Advasa Holdings reported a completed Nasdaq direct listing under ticker ADBT in an August 25 Form 8-K. How a direct listing works and what the filing says.
SPAC Merger Explained: Bluerock Agrees to Take Yellow.ai Public
Bluerock Acquisition Corp. filed an 8-K on its Yellow.ai deal. A plain-English look at the $300 million share consideration, PIPE financing and lock-ups.
Bio-Path Holdings Form 1-K: EDGAR Filing Explained
Bio-Path Holdings filed its Form 1-K on May 1, 2026, reporting an $8.7 million loss, no year-end cash and a going-concern warning. What the annual report shows.
Masterworks Vault 10 Amends Its Reg A Tier 2 Art Offering Circular
Masterworks Vault 10 filed Amendment No. 13 to its Form 1-A on April 23, 2026. Here is how its Reg A Tier 2 art-share offering, fees and 12 series are built.