Jumpstart Our Business Startups Act

KoreConX selects Nuvei to power payments for its private investments platform

Retrieved on: 
Wednesday, November 1, 2023

MONTREAL and NEW YORK, Nov. 1, 2023 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has been selected by KoreConX, a leading infrastructure technology platform that enables individuals to invest in private companies with regulated intermediaries, as its primary payments partner.

Key Points: 
  • Private businesses can accept SEC-compliant investments from as little as $50 via card payments and A2A transactions.
  • Through its global partnership with Nuvei, private businesses based in the U.S. that are connected to the KoreConX infrastructure platform can accept SEC-compliant investments from as little as $50 via card payments and account-to-account transactions.
  • Nuvei Chair and CEO Philip Fayer added: "We're excited to partner with KoreConX as it reshapes the investing landscape for private businesses.
  • Facilitating SEC-compliant investments for entrepreneurs and private businesses is a game-changer for democratizing investing."

Dignity Gold Retains Weild & Co. To Expand Global Investment Banking Efforts

Retrieved on: 
Friday, August 25, 2023

NEW YORK, Aug. 25, 2023 (GLOBE NEWSWIRE) -- Dignity Gold, LLC ("Dignity"), a company utilizing security tokens to unlock new ways of investing in the United States precious metals, mining, and minerals sector, announced today that Weild & Co. has been retained to advise Dignity on strategy and operating procedures and to raise capital in the institutional marketplace. In addition, Weild will consult Dignity in its work with public regulators in the United States. Weild & Co. will join the lead investment bank for Dignity, Tritaurian Capital, a FINRA registered investment bank that provides specialized private placement financing and mergers and acquisitions, as a key advisor to Dignity Gold.

Key Points: 
  • In addition, Weild will consult Dignity in its work with public regulators in the United States.
  • Weild & Co. will join the lead investment bank for Dignity, Tritaurian Capital , a FINRA registered investment bank that provides specialized private placement financing and mergers and acquisitions, as a key advisor to Dignity Gold.
  • “We are delighted to be joined by Weild & Co. in our efforts to assist Dignity Gold in meeting its full potential,” said William B. Heyn, CEO of Tritaurian Capital.
  • Additionally, the reputation of Weild & Co. founder, David Weild, the former vice chairman of NASDAQ and "Father of the JOBS Act," brings a wealth of insight and investment access to Dignity that is without rival.

Netcapital Hosts Reg A+ Offering by Thumzup Media

Retrieved on: 
Wednesday, August 9, 2023

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced that its consulting group, Netcapital Advisors, is now hosting a Regulation A+ offering by Thumzup® Media on the netcapital.com website, representing its first such listing.

Key Points: 
  • Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced that its consulting group, Netcapital Advisors, is now hosting a Regulation A+ offering by Thumzup® Media on the netcapital.com website, representing its first such listing.
  • We believe the addition of the Reg A+ funding structure to Netcapital’s suite of fintech services is a milestone achievement in technology and product development for the Company.
  • Like Reg CF funding, Reg A+ funding is another JOBS Act framework for capital raising.
  • Reg A+ exempts small companies from registration requirements for issuing securities, and enables issuers to raise up to $75 million from non-accredited investors and accredited investors.

E-Cite Motors Receives 75 Million Dollar Valuation by Industry Experts for Production Vehicle Offering Contained in Documents Filed with the SEC Amidst CARB Approval to Proceed with Certification

Retrieved on: 
Thursday, May 25, 2023

for the purpose of financing the manufacturing of its production vehicles expected to be in its dealership showroom Q4 2023.

Key Points: 
  • for the purpose of financing the manufacturing of its production vehicles expected to be in its dealership showroom Q4 2023.
  • The valuation was determined by a consensus of industry experts specializing in JOBS Act capital raises which allows retail investors to invest in startups.
  • The offering under the valuation is limited to $1,235,000 which once reached, the valuation is expected to increase significantly.
  • Note* E-Cite's vehicles are in no way categorized as "Kit Cars" as they are manufactured new vehicles.

Ryan Feit joins fractional investing startup Fundhomes as Strategic Advisor

Retrieved on: 
Friday, February 24, 2023

SEATTLE, Feb. 24, 2023 /PRNewswire-PRWeb/ -- Fundhomes announced this week that CEO and Founder of SeedInvest Ryan Feit joined their advisory board. Fundhomes is a fractional investing platform for real estate properties where investors can buy shares of individually acquired vacation rentals that are operated on their behalf to generate cash dividends, appreciation, and the tax benefits of being a part owner of the properties.

Key Points: 
  • Ryan Feit joins Fundhomes as Strategic Advisor and investor to fractionalize the real estate industry.
  • SEATTLE, Feb. 24, 2023 /PRNewswire-PRWeb/ -- Fundhomes announced this week that CEO and Founder of SeedInvest Ryan Feit joined their advisory board.
  • Fundhomes is a fractional investing platform for real estate properties where investors can buy shares of individually acquired vacation rentals that are operated on their behalf to generate cash dividends, appreciation, and the tax benefits of being a part owner of the properties.
  • Ryan brings over 10 years of experience in the fractional investing space, having successfully built SeedInvest to over 700,000 investors and $465,000,000 dollars invested in their portfolio of companies.

Groundfloor surpasses $1 billion in investments, celebrates 10-year-anniversary

Retrieved on: 
Tuesday, February 21, 2023

ATLANTA, Feb. 21, 2023 /PRNewswire/ -- Groundfloor, the wealthtech platform that makes real estate investing easy for everyone, is celebrating its 10-year anniversary. Since the company launched, Groundfloor has delivered consistent 10% annualized returns across its investment offerings, and it has now surpassed $1 billion in total retail investment volume.

Key Points: 
  • Since the company launched, Groundfloor has delivered consistent 10% annualized returns across its investment offerings, and it has now surpassed $1 billion in total retail investment volume.
  • "We started Groundfloor because we saw that capital markets were due for a big disruption," said Dally.
  • Groundfloor issues loans to qualified borrowers and then offers investment securities collateralized by the properties, all qualified through the S.E.C.
  • To learn more about Groundfloor and begin investing, visit their website or download their apps on the Apple App Store or Google Play today.

Netcapital Inc. Announces Pricing of Public Offering

Retrieved on: 
Wednesday, December 14, 2022

Netcapital Inc. (Nasdaq: NCPL, NCPLW) ("Netcapital" or the "Company"), a digital private capital markets ecosystem, today announced the pricing of an underwritten public offering of 1,247,000 shares of its common stock at a public offering price of $1.40 per share, for gross proceeds of $1,745,800, before deducting underwriting discounts, commissions and offering expenses payable by the Company.

Key Points: 
  • Netcapital Inc. (Nasdaq: NCPL, NCPLW) ("Netcapital" or the "Company"), a digital private capital markets ecosystem, today announced the pricing of an underwritten public offering of 1,247,000 shares of its common stock at a public offering price of $1.40 per share, for gross proceeds of $1,745,800, before deducting underwriting discounts, commissions and offering expenses payable by the Company.
  • The offering is expected to close on December 16, 2022, subject to satisfaction of customary closing conditions.
  • The Company intends to use the net proceeds from the offering primarily for general corporate purposes, capital expenditures, working capital and general and administrative expenses.
  • For example, the Company is using forward-looking statements when it discusses the expected gross proceeds and the closing of the offering.

NV Energy Selects Energy Vault for 440 MWh Energy Storage System in Nevada

Retrieved on: 
Monday, December 12, 2022

Energy Vault Holdings, Inc. (NYSE: NRGV) (Energy Vault or the Company), a leader in sustainable grid-scale energy storage solutions, announced today that NV Energy, Nevadas largest public utility, has awarded the Company with a project for the deployment of a short duration energy storage solution.

Key Points: 
  • Energy Vault Holdings, Inc. (NYSE: NRGV) (Energy Vault or the Company), a leader in sustainable grid-scale energy storage solutions, announced today that NV Energy, Nevadas largest public utility, has awarded the Company with a project for the deployment of a short duration energy storage solution.
  • The 2-hour energy storage system is designed to store and dispatch excess renewable energy, including wind and solar power.
  • This is Energy Vaults first public utility customer for our short duration energy storage solutions, which furthers our strategy to be the energy storage company of choice for utilities, IPPs and large energy users.
  • Energy Vault develops and deploys utility-scale energy storage solutions designed to transform the world's approach to sustainable energy storage.

Energy Vault Responds to Inaccurate and Misleading Short Seller Report

Retrieved on: 
Thursday, December 8, 2022

Confusing MW with MWh has led the short seller to make incorrect assumptions regarding Energy Vaults awarded projects conflating projects announced by third parties that reflect capacity (MW), including the project identified in the short report, with Energy Vaults announcements of awarded projects for energy storage (MWh).

Key Points: 
  • Confusing MW with MWh has led the short seller to make incorrect assumptions regarding Energy Vaults awarded projects conflating projects announced by third parties that reflect capacity (MW), including the project identified in the short report, with Energy Vaults announcements of awarded projects for energy storage (MWh).
  • The project in Poland identified by the short seller is not the project previously disclosed by Energy Vault.
  • The short seller once again evidences their misunderstanding of the energy storage market by confusing MW with MWh.
  • Energy Vault develops and deploys utility-scale energy storage solutions designed to transform the world's approach to sustainable energy storage.

Cartesian Growth Corporation Shareholders Approve Business Combination with Tiedemann Group and Alvarium Investments

Retrieved on: 
Thursday, November 17, 2022

Cartesian Growth Corporation (Cartesian) (NASDAQ: GLBL), a publicly traded special purpose acquisition company, announced today that in an extraordinary general meeting on November 17, 2022, its shareholders voted to approve its proposed business combination (the Business Combination) with Tiedemann Group (Tiedemann) and Alvarium Investments Limited (Alvarium).

Key Points: 
  • Cartesian Growth Corporation (Cartesian) (NASDAQ: GLBL), a publicly traded special purpose acquisition company, announced today that in an extraordinary general meeting on November 17, 2022, its shareholders voted to approve its proposed business combination (the Business Combination) with Tiedemann Group (Tiedemann) and Alvarium Investments Limited (Alvarium).
  • Founded in 1999, Tiedemann Advisors has nine offices across the U.S. Tiedemann's international operations, Tiedemann Constantia, is headquartered in Zurich Switzerland.
  • Cartesian is an emerging growth company as defined in the Jumpstart Our Business Startups Act of 2012.
  • None of Cartesian, Tiedemann, or Alvarium gives any assurance that any of Cartesian, Tiedemann, or Alvarium, or the combined company, will achieve expectations.