Do I have to file Form C-AR if I'm not raising again?

## I'm not raising again. Do I still have to file Form C-AR? Yes. If you ran a successful Regulation Crowdfunding offering, the SEC requires you to file Form C-AR every year — whether or not you raise again. It's a legal obligation tied to having raised under Reg CF, not to your current fundraising plans. ## When can I stop filing? You can stop filing Form C-AR once any of the following happen: - You've filed at least one Form C-AR and **fewer than 300 holders of record** remain in your offering (typical for many small raises after a couple of years). - The company is **dissolved** or has otherwise ceased to exist. - The company **completes an IPO** or becomes subject to standard SEC reporting (10-K/10-Q). - You **repurchase all of the securities** issued in your Reg CF offering. - The company **fails to make required filings**, but you should not rely on this as an exit — non-filing carries enforcement risk. For the full list and the exact mechanics, see [How to file your Regulation Crowdfunding annual report (Form C-AR)](https://help.wefunder.com/article/eb75e67a-how-to-file-your-regulation-crowdfunding-annual-report-form-c-ar). ## What if my raise didn't hit the minimum and never funded? If your offering failed (no investors funded, no Form C-Update needed, no investments closed), you typically don't have ongoing C-AR obligations. But if any investments funded — even a small amount — the obligation kicks in. If you're not sure whether you're on the hook, email **launch@wefunder.com** with your company name and we'll check your filing status. ## What happens if I just don't file? Skipping a required Form C-AR is an SEC compliance failure. It also blocks you from running another Reg CF raise in the future. The filing is short and Wefunder offers help with it (for a fee), so the cost of doing it is low compared to the cost of not. ## Bottom line If you raised on Reg CF and the offering funded, file the annual report. It's a yearly chore, but it keeps you compliant and keeps the door open to future raises.