Blue Sky

Guide to Blue Sky Forms

A practical reference to the key forms that show up in Blue Sky compliance for RegD, RegA+, and RegCF. Learn what each form is for, when it is used, and how it fits into a compliant capital raise.

Overview

How Blue Sky Forms Work at KoreVerify

Our Blue Sky compliance platform keeps things simple and accurate. You start by choosing your regulation and the states where you plan to offer or sell. From there, we surface the forms you actually need and guide you through completion and submission.

  • Select your regulation and states, then confirm issuer details, timing, and offering parameters.
  • Our system maps the correct forms and state requirements, then applies the right fees and delivery methods.
  • You review, sign as needed, and submit. Statuses, acknowledgments, and renewals are tracked for you.
Forms

Most Common Blue Sky Forms

These are the forms and notices you are most likely to encounter when conducting a private placement or exempt offering.

Form D (SEC)

Form D is the SEC notice that tells regulators you are conducting an exempt offering under Regulation D. In most states, Form D is paired with state notice filings when you have sales or offers to residents of that state. Initial filing typically occurs within 15 days after the first sale, with amendments required for material changes or certain annual updates.

For state-level notice obligations tied to Form D, our team handles the routing and documentation for state Form D filings, including consent forms and fees where required.

Uniform Consent to Service of Process (Form U-2)

Form U-2 authorizes a state securities administrator to receive legal services on your behalf. Many states require a U-2 as part of a RegD notice, a RegA+ registration, or a general qualification file. Our system includes U-2 automatically when it is needed, then tracks it across all relevant states so you do not submit duplicates.

Corporate Resolution or Authorization

Some states ask for evidence that the issuer is authorized to conduct the offering and sign filings. This usually takes the form of a board resolution or officer authorization. We provide templates when required and store them with your other filing records.

By Regulation

Blue Sky Forms by Regulation

Here is a simple view of how the forms typically line up. Exact requirements vary by state, which is why we route each step for you.

RegulationTypical Blue Sky ActionsWho ReviewsCommon Timing
RegDSEC Form D, state notices, U-2, and other state-specific formsSEC for Form D, states for noticesMost states require 15 days after the first sale
RegA+ Tier 1State registration documents vary by stateStates conduct review based on disclosure and merit-based reviewsPre-offer or pre-sale, depending on the state
RegA+ Tier 2State notice and fees, U-2, and other state-specific formsSEC qualifies, states may receive noticesMost states require 21 days' advanced notice
RegCFState notice and feesSEC and FINRA oversight, states for any noticesVaries by jurisdiction and fact pattern
FAQs

Frequently Asked Questions

Quick answers to common questions about Blue Sky forms and the filing process.

Why are there no downloads on this page?

We intentionally do not provide blank forms. Each state may have a different version of forms to be completed, so it is important to use our Blue Sky filing platform to complete the forms. Completing Blue Sky paperwork outside the system increases the chance of omissions, wrong fees, and missed dates. You complete everything through our platform so filings are timely and accurate.

Do all states require a RegD Blue Sky filing?

No—requirements vary by state. States do not require a Blue Sky filing unless there are sales to residents of that state, and not every state requires a filing even if there are sales. Our Blue Sky software platform identifies the required states based on your specific offering details and automatically calculates fees and required forms.

How do fees work?

Every jurisdiction sets its own fee schedule, which can change. Our calculator keeps current amounts for each state and offering type, including detailed schedules for RegD state fees, RegCF state fees, and RegA+ state fees.

What if my offering details change?

When material items change, such as offering size or the status of the raise, an amendment is triggered. The platform prompts you and queues the correct federal and state updates so you do not miss anything.

Get Started

Create a new filing request, select the offering type, and complete our offering wizard. We will prepare the appropriate forms, fees, and delivery methods. For multistate offerings, our team can coordinate filings and timelines, including RegA+ state reviews and state notices tied to Form D.

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