Tagged: banq

Prime Trust founder and Former CEO Scott Purcell, Says Firm in Receivership: “Incredibly Sad to See”

Prime Trust was founded many years ago at the beginning of online capital formation. At one point, it was one of the most important and successful firms in the securities crowdfunding marketplace providing services for just about all the platforms. As digital assets became a… Read More

Banq Files for Bankruptcy, NOT a Subsidiary of Prime Trust

Banq, a platform for the primary issuance of securities controlled by Cambria Capital, a regulated broker-dealer, has filed for bankruptcy, according to many reports. Chapter 11 Dockets distributed the news via Twitter. Crypto software company Banq filed for bankruptcy protection today in Nevada https://t.co/ckmt6V6AMl pic.twitter.com/4EmKzowj24… Read More

Once an Advocate of Reg A+, Tripoint Global Equities Shutters Broker Dealer

Tripoint Global Equities, an early advocate of issuing securities under updated rules for Reg A+, has filed with the Securities and Exchange Commission to shut down its broker-dealer . The information was part of a recently filed Focus report. To quote the document: “On March 13,… Read More

Fatburger Parent Company, FAT Brands, to Issue Bond Token on Ethereum

FAT Brands (NASDAQ:FAT), the parent company of restaurant chains Fatburger, Bonanza Steakhouse, Ponderosa Steakhouse, Buffalo’s Cafe, Elevation Burger and Hurricane Grill & Wings, reportedly plans to sell $30 million USD in bonds tokenized on the Ethereum blockchain network. According to Asset-Backed Alert, FAT Brands is… Read More

Banq to Raise Capital for Helbiz in Advance of Planned IPO and Dual Listing on Nasdaq and AIM Italia

Banq, a digital platform that is part of investment bank Tripoint Global, is raising capital for Helbiz in advance of a planned initial public offering (IPO) on Nasdaq. Simultaneously, the shares are expected to list and trade on AIM Italia in what is being described… Read More

Mark Elenowitz, Co-Founder of Tripoint Global Equities & Banq, Appointed President of Horizon Globex

Horizon Globex, a security token offering (STO) software firm, has appointed Mark Elenowitz as President operating out of the firm’s New York City office. Globex is a blockchain based business specializing in Reg D and Reg S compliant tokenization of assets. Elenowitz is the co-founder of… Read More

Mark Elenowitz: Reg A+ Issuers that Want to Trade on OTC Markets Have a Problem

Today, Reg A+ received a big boost from the Securities and Exchange Commission (SEC) as they announced that reporting firms will soon be able to use the security exemption. Old Regulation A was an exemption that just about no one used – ever. It took… Read More

Tripoint Global’s BANQ Platform Lists First Security Token VOX

Talketh

BANQ, an online investment platform and part of Tripoint Global Equities, has listed its first security token offering (STO). According to BANQ, Horizon Globex GmbH in Switzerland is issuing VOX security tokens as part of its Talketh crypto payments and communication service. The VOX tokens… Read More

Reg A+ 2.0: Tripoint Global – Banq will Offer Security Tokens

Wall Street Subway Station New York City

Tripoint Global, a boutique investment bank based in Manhattan, and its online capital formation platform Banq – have been leaders in the Reg A+ crowdfunding space since the beginning. When the  rules were quite new, Mark Elenowitz, CEO of Tripoint, was quick to recognize the potential… Read More

Muscle Maker Grill Expects to List on OTC Markets Following Close of Reg A+ Crowdfunding Round

Muscle Maker Grill has filed a post qualification offering circular with the Securities and Exchange Commission (SEC) indicating its intent to list on OTCQX Marketplace under the symbol of MMB after the Reg A+ crowdfunding round closes. This is a change from previous communications where… Read More

Recording Star Drake Uses Reg A+ to Raise Funding for Virginia Black Bourbon whiskey

  Recording star Drake has partnered with Brent Hocking, a successful veteran from the spirits industry, to create Virginia Black, an aged Bourbon whiskey. The company is looking to raise $30 million and the founders have decided to leverage the Reg A+ crowdfunding exemption thus… Read More

Muscle Maker Grill Next in Queue for Reg A+ Mini IPO on Banq

Coming off the success of FAT Brands, Reg A+ crowdfunding round and listing on NASDAQ, Banq is gearing up to raise funds for Muscle Maker Grill.  The company is a fast-casual-healthy restaurant that fits nicely in the dining space as consumers turn away from the… Read More

FAT Brands Trades on NASDAQ Today as CEO Andy Wiederhorn Rings Opening Bell

FAT Brands, (FAT stands for Fresh. Authentic. Tasty), opened trading today on the NASDAQ under ticker symbol FAT becoming one of a growing list of issuers leveraging Reg A+ to raise capital from both accredited and non-accredited investors quickly followed by a listing on a… Read More

Via Folio Helps Alternative Investing Platforms Manage Funds & Investors

Via Folio is out with a statement on their services that help non-traditional issuers manage both assets and investors. Via Folio provides a vital bridge between issuers in newer securities like Regulation A+, as created by the JOBS Act. Reg A+ has seen growing utilization… Read More

Reg A+ Issuer MyomoTrades Up Following Listing on NYSE MKT

It has been one week since Myomo (NYSE:MYO) became the first Reg A+ issuer to successfully crowdfund and then list on NYSE MKT.  But since listing on the public exchange, Myomo has moved in the right direction.  The shares have rocketed from an issue price of… Read More

Is Reg A+ Crowdfunding Quickly Coming of Age?

Next week two smaller companies intend on listing their shares on a public exchange. What is interesting about this fact is that each of these companies used Regulation A or Reg A+ to facilitate this “mini-IPO” type offer. Created by Title IV of the JOBS… Read More

Myomo Will Become First Reg A+ Issuer to Trade on NYSE MKT

Myomo, a medical robotics company that has developed powered brace to support a weak arm, will become the first Regulation A (Reg A+) issuer to immediately go from crowdfunding to actively trading on an exchange. Myomo will begin trading on the New York Stock Exchange… Read More

Finish Line: Will Myomo Raise Enough Under Reg A+ to List on NYSE MKT?

We last wrote about Myomo, a commercial stage medical robots company (kind of like the Bionic Man), in March. Myomo was in the process of using Reg A+ to raise growth capital. Under the exemption, Myomo was seeking $15 million using Banq, a crowdfunding platform… Read More

Myomo Wants to be the First Company to Issue Shares Under Reg A+ & then Trade on the NYSE

Reg A+, a securities exemption that was improved under the JOBS Act, has been touted as the solution to the dearth of IPOs in the US. But issuers are still working to figure out the best avenue to raise capital and then publicly trade shares…. Read More

Reg D or Reg A+? Mark Elenowitz of Tripoint Global Equities Explains

Mark Elenowitz, CEO and founder of Tripoint Global Equities, is a firm believer in the potential of Regulation A+.  The updated securities exemption, improved under the JOBS Act, enables companies to raise up to $50 million from both accredited and non-accredited investors. Typically most early… Read More

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