February 29 2016
Allegiancy CEO Steve Sadler speaking at Silicon Valley crowdfinancing conference on navigating the new frontier of raising capital with new Reg A+ `mini-IPOs’
Richmond, Va., February 29, 2016 — Allegiancy CEO Steve Sadler is a featured speaker at the Silicon Valley Crowdfunding Conference on Thursday, where he will give insights into navigating the potential minefields of new Reg A+ crowdfunding.
Sadler will be speaking at 1:20 p.m., highlighting how Allegiancy is utilizing the new Reg A+ in a multi-prong, “mini-IPO” strategy to raise millions in capital by combining crowdfunding with the broker-dealer and institutional channels.
Sadler is uniquely qualified to speak authoritatively on the topic. His firm, Allegiancy, is a specialist in active asset management of commercial real estate and is putting the finishing touches on its $30 million mini-IPO preparations using the new Regulation A+ rules.
Allegiancy is set to follow Elio Motors as the second company into the mini-IPO arena. Elio Motors is a Phoenix-based startup developing a three-wheeled, ultra-high-mileage car that raised $17 million through a recently completed min-IPO crowdfunding raise.
With the capital Allegiancy will raise through its $30 million mini-IPO, the firm is poised to attack inefficiencies in the $15 trillion commercial real estate industry.
“I’ll be talking about how we navigated the minefield,” Sadler said. “We’ve learned a lot that I want to share to help other forward leaning business leaders and entrepreneurs to be more effective and more efficient in their capital fundraising journey.”
Under Sadler’s leadership, Allegiancy is distinguishing itself in the crowdfinancing market by taking this a multi-pronged approach, rather than simply a “pure” crowdfunded deal like Elio, which entails tapping small individual investors.
“We have a highly professional, three-pronged approach that entails crowdfunding, plus our brokers WR Hambrecht + Co., who are at the forefront of the development and implementation of the new Reg A+ rules, as well as institutional investors through Weild & Co.,” Sadler said. “Former NASDAQ Vice-Chairman David Weild launched Weild & Co. and is considered the father of the JOBS Act that opened the door to equity crowdfunding through Reg A+. We’re synthesizing the best of all three to deliver on the promise of the JOBS Act.”
Under the previous Regulation A rules, Allegiancy raised $5 million in capital in 2014 to spur 400 percent growth for the company in 2015. With the injection of capital, Allegiancy doubled in size, tripled the number of its employees and then doubled its assets under management again last June when it closed its first asset management portfolio acquisition. Allegiancy’s tremendous growth earned the company a place in the top half of the 2015 Inc. 5000 list and its aggressive push into the new Reg A+ mini-IPO arena was covered in the Wall Street Journal.
Entitled “2016, The Year of Equity Crowdfunding,” the event is produced by CrowdFundBeat and will explore new methods of finance, from peer-to-peer lending, to crowdfunding small businesses, to real estate finance. It will also review existing and developing legal considerations and international initiatives.
The event is limited to 300 attendees and will be held at the Computer History Museum in Mountain View. For information on the conference, go here.
Allegiancy is changing the business of asset management for commercial real estate owners and investors with radical specialization. With a technology-enabled operating platform and singular focus on serving as the owners’ advocate, the company brings fresh vigor and unparalleled discipline to a poorly understood business. Combining its proactive Value Assurance operational rigor with an intense focus on cash flow and profitability, Allegiancy is leveraging the experience of its principals of more than four decades of success.
For more information about the company or to arrange an interview with Allegiancy CEO, Steve Sadler, contact Audrey Bevel at email@example.com, or 866.842.7545.
PLEASE NOTE: No money or other consideration is being solicited pursuant to this press release, and if any is sent in response, it will not be accepted. No offer to buy Allegiancy’s securities and no part of the purchase price for Allegiancy’s securities can be received until the offering statement Allegiancy has filed with the SEC is qualified, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date. Any indication of interest in Allegiancy or its offering involved no obligation or commitment of any kind. A copy of Allegiancy’s offering statement containing its most current preliminary offering circular describing the offering that is the subject of this press release can be found at: www.allegiancyipo.com.
March 07 2017