SPV Dictionary

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Bl Bo

Blockchain

A distributed digital ledger that records transactions made in cryptocurrencies, such as Bitcoin, in a chronological and publicly accessible manner. Each transaction is verified and added to a chain of blocks, ensuring transparency and security.

Blue Sky

Blue Sky laws are State laws that mandate issuers to provide notice and, in some cases, pay fees to the states in which investors reside. These laws serve as an additional regulatory framework to complement federal securities regulations. For example, when an SPV raises capital from investors in multiple states, such as California, Utah, and […]

Board (Board of Directors, B of D, BoD)

A group of individuals elected by shareholders to represent their interests and oversee corporate governance. The board is responsible for establishing policies related to corporate management and making key decisions on major company matters. Acting as fiduciaries, board members are tasked with ensuring the financial well-being of the company. Responsibilities may include hiring and firing […]