The Helping Angels Lead Our Startups Act of 2025 eases Securities and Exchange Commission rules to allow startup companies to present investment opportunities at certain public events without violating restrictions on general solicitation or advertising. Under current law, companies face strict limits on how they can communicate about securities offerings to the public. This bill permits presentations at qualifying events sponsored by government agencies, nonprofits, universities, angel investor groups, and business incubators—provided the events meet specific safeguards, including that sponsors cannot charge participation fees beyond reasonable administrative costs, cannot provide investment advice, and must disclose investment risks to attendees. The SEC must implement these rule changes within six months of the bill's enactment. The bill is designed to help early-stage companies and angel investors connect more easily while maintaining investor protections through event oversight requirements.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.