Direct public offering

Wytec (WYTC) Secures $100 Million Investment Commitment from GEM as Company Nears NASDAQ Listing

Retrieved on: 
Wednesday, October 4, 2023

SAN ANTONIO, TX, Oct. 04, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Wytec International (“Wytec”), a fully reporting non-listed company and leading developer and integrator of patented IOT solutions, announced today that it has secured a $100 million investment commitment from Luxembourg based Global Emerging Markets (“GEM”). With certainty of the investment upon listing, Wytec is well positioned to advance and deliver on the company’s mission of deploying network based public safety solutions.

Key Points: 
  • SAN ANTONIO, TX, Oct. 04, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Wytec International (“Wytec”), a fully reporting non-listed company and leading developer and integrator of patented IOT solutions, announced today that it has secured a $100 million investment commitment from Luxembourg based Global Emerging Markets (“GEM”).
  • With certainty of the investment upon listing, Wytec is well positioned to advance and deliver on the company’s mission of deploying network based public safety solutions.
  • The GEM funding facility will strengthen the current development of the Company’s AI/Blockchain upgrades to its patented small cell technology.
  • GEM’s commitment, through its Share Subscription Facility (SSF), will provide Wytec up to $100 Million over a 3-year period post listing.

WINVEST GROUP LTD ANNOUNCES EFFECTIVENESS OF SEC FORM S-1 REGISTRATION STATEMENT AND LAUNCHES DIRECT PUBLIC OFFERING

Retrieved on: 
Monday, August 7, 2023

In line with its commitment to growth, Winvest is launching a Direct Public Offering (DPO) to further support its vision for the future.

Key Points: 
  • In line with its commitment to growth, Winvest is launching a Direct Public Offering (DPO) to further support its vision for the future.
  • This best effort, direct public offering involves the active participation of the Officers, Directors, and the Company's management team.
  • Offering Period: The offering period will commence on July 20, 2023, and last for 360 days, providing interested investors with ample time to consider their investment decisions.
  • With its Form S-1 Registration Statement now effective, the Company looks forward to attracting new investors who believe in its vision and growth potential.

TechSoup Completes $11.5 Million Growth Capital Campaign and Announces $16 Million Donation From MacKenzie Scott and Dan Jewett

Retrieved on: 
Tuesday, October 19, 2021

In September, TechSoup completed a 3-year, $11.5 million capital campaign that included raising $7.5M through loans, recoverable grants and donations, and $4 million through a Direct Public Offering (DPO) of debt securities.

Key Points: 
  • In September, TechSoup completed a 3-year, $11.5 million capital campaign that included raising $7.5M through loans, recoverable grants and donations, and $4 million through a Direct Public Offering (DPO) of debt securities.
  • In June, TechSoup received a $16 million grant from MacKenzie Scott and Dan Jewett to support an array of programs that will help get resources into the hands of people and organizations that need it most.
  • "We are so grateful for the support that our investors and MacKenzie Scott and Dan Jewett have provided us," said TechSoup CEO Rebecca Masisak.
  • TechSoup has reached than 1.3 million NGOs and facilitated distribution of technology products and grants valued at more than $16 billion.

Squarespace Announces Public Filing of Registration Statement for Proposed Direct Listing of its Class A Common Stock

Retrieved on: 
Friday, April 16, 2021

b'NEW YORK, April 16, 2021 /PRNewswire/ --Squarespace, Inc. today announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to a proposed direct listing of its Class A common stock.

Key Points: 
  • b'NEW YORK, April 16, 2021 /PRNewswire/ --Squarespace, Inc. today announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to a proposed direct listing of its Class A common stock.
  • Squarespace intends to list its Class A common stock on the New York Stock Exchange under the ticker symbol "SQSP.
  • "\nA registration statement relating to these securities has been filed with the SEC but has not yet become effective.
  • These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.

MindMed Announces C$19.5 Million Bought Deal Private Placement Offering

Retrieved on: 
Monday, March 8, 2021

It is expected that the Offering will be primarily sold to one large institutional investor.

Key Points: 
  • It is expected that the Offering will be primarily sold to one large institutional investor.
  • The Units will be offered for sale on a private placement basis in certain provinces of Canada pursuant to applicable exemptions from the prospectus requirements of Canadian securities laws.
  • MindMed is also traded in the United States under the symbol MMEDF and in Germany under the symbol MMQ .
  • Forward-looking statements in this news release include statements regarding the closing of the Offering, regulatory approvals and the intended use of proceeds of the Offering.

Regulation A+ is Bringing New Life to Public Micro-Caps

Retrieved on: 
Wednesday, February 24, 2021

Regulation A+ also lifted the accredited investor requirement formerly associated with buying equity shares in a public offering.

Key Points: 
  • Regulation A+ also lifted the accredited investor requirement formerly associated with buying equity shares in a public offering.
  • That includes crowdfunding public offerings, which Regulation A+ laid the framework for.
  • Public offerings using Regulation A+ are more cost effective for smaller companies and open up additional access to potential investors.
  • Most importantly, Regulation A+ is a vehicle for public companies to raise funds without taking on additional debt or selling existing shares of the company.

Augwind Announces that it will Start Working on a Public Offering in the United States

Retrieved on: 
Tuesday, February 16, 2021

The company announces that its board of directors has instructed management to promote a public offering on a stock exchange in the United States, either through an Initial Public Offering (IPO) or through linking up with an existing public platform (such as a SPAC), in addition to listing of the company's shares for trade on the Israeli stock exchange.

Key Points: 
  • The company announces that its board of directors has instructed management to promote a public offering on a stock exchange in the United States, either through an Initial Public Offering (IPO) or through linking up with an existing public platform (such as a SPAC), in addition to listing of the company's shares for trade on the Israeli stock exchange.
  • Creating transparency vis--vis the American market as a company reporting in English and according to U.S. reporting standards and regulations.
  • The company believes that this action will promote its business activity vis--vis customers, suppliers, lenders, and investors.
  • Listing on a stock exchange in the United States would benefit the company in terms of access to additional sources of capital and debt for its potential use.

Roblox Announces Anticipated Direct Listing

Retrieved on: 
Wednesday, January 6, 2021

Roblox Corporation (Roblox) announced today that it plans to file a registration statement with the U.S. Securities and Exchange Commission (the SEC) for a proposed direct listing of its Class A common stock.

Key Points: 
  • Roblox Corporation (Roblox) announced today that it plans to file a registration statement with the U.S. Securities and Exchange Commission (the SEC) for a proposed direct listing of its Class A common stock.
  • The number of shares of Class A common stock to be offered by the Companys stockholders has not yet been determined.
  • Roblox intends to commence the direct listing following completion of the SEC review process, subject to market and other conditions.
  • Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act.

OLB’s CrowdPay Facilitates SMB Crowdfunding Under New SEC Rules

Retrieved on: 
Thursday, November 19, 2020

CrowdPay is a scalable turnkey software platform for equity crowdfunding.

Key Points: 
  • CrowdPay is a scalable turnkey software platform for equity crowdfunding.
  • With built-in Compliance Platform Technology, CrowdPay includes forms, digital signature support, and integration with multiple third-party applications and services.
  • The CrowdPay platform is well positioned to help Broker-Dealers create and manage crowdfunding campaigns for businesses from start to finish.
  • CrowdPay is SEC, Financial Industry Regulatory Authority (FINRA), and Broker-Dealer compliant for Reg A+, Reg D 506(b) & 506(c), Regulation Crowdfunding, U.S. Intrastate, and International compatible.

Okta for Good Invests $300,000 in TechSoup Growth Capital Campaign

Retrieved on: 
Wednesday, August 12, 2020

Growth capital funds will be allocated to build out the next version of the TechSoup marketplace, improve business processes, and create more Apps for Good.

Key Points: 
  • Growth capital funds will be allocated to build out the next version of the TechSoup marketplace, improve business processes, and create more Apps for Good.
  • The Okta for Good Fund investment will contribute to an estimated $141 million of additional resources distributed to the nonprofit sector by 2023.
  • To date, $8.6 million, or about 75% of the $11.5 million target, has been committed to funding TechSoup's growth capital campaign.
  • The Okta for Good Fund investment was made through TechSoup's Direct Public Offering (DPO), a pioneering fundraising approach that enables nonprofits to raise growth capital through investments rather than donations.