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News Room

March 22 2015

Allegiancy releases helpful information about new SEC Rules for Regulation A+

Experts share information about upcoming revolution for investors and businesses

As part of the 2012 Jumpstart Our Business Startups (JOBS) Act, the U.S. Securities and Exchange Commission (SEC) is expected to announce the final rules for Regulation A+ (Reg A+) on Wednesday.

Richmond-based commercial real estate asset manager, Allegiancy was one of the few companies that raised capital under its predecessor, Regulation A.

Now, Allegiancy is poised to file an offering under Reg A+, and the company has released two essential resources for businesses and investors about the new Reg A+:

 

 

Attorney Robert R. Kaplan Jr. has been involved in Reg A+ since its inception, working on enactment of the JOBS Act in Congress and the A+ rules of implementation with the SEC. His law firm, Kaplan Voekler Cunningham & Frank (KVCF), is one of the few regularly providing counsel on Regulation A deals.

Steve Sadler, CEO of Allegiancy, plans for his company to be one of the first to become an active participant in the new Reg A+ marketplace.

Sadler said, “Allegiancy is poised to lead the nation in Reg A+ – a revolution that will help strengthen small businesses and usher in a new era for investors.”

Reg A+ increases the amount of capital a private company can raise through a public securities offering from $5 million to $50 million in a year.

Last year, Allegiancy offered $5 million in securities under Regulation A in order to be ready to lead in this space.

Now Allegiancy plans to be one of the first companies in the nation – if not the first – to offer $20 million in preferred equity securities under the new Reg A+ rules.

“The additional capital we’ll raise will help us grow our firm faster, but Reg A+ is about much more than Allegiancy,” said Sadler.

“Reg A+ is all about opening doors for small businesses who previously couldn’t access the capital they needed to grow. For too long, the equity markets have been broken and have kept smaller, promising companies on the sidelines,” Sadler said. “Reg A+ is about creating jobs and new opportunities. And it’s about giving regular folks access to investments that only a handful of venture capital and private equity bigwig investors have enjoyed up until now.”

Sadler has been a frequent speaker around the country about Regulation A+ and its implications for small businesses and individual investors. Recently, he spoke at iGlobal’s Real Estate Private Equity conference in New York, a crowdfunding event in Boca Raton, Fla., hosted by crowdfinancing leader Dara Albright; the Moloney Securities Annual Meeting in St. Louis, the Oak Tree Securities Conference in Lake Tahoe, Nev.; and at the ADISA (Alternative and Direct Investment Securities Association) annual conference in Las Vegas, Nev.

***Steve Sadler is available for interviews with reporters regarding Reg A+.***

ABOUT ALLEGIANCY

Allegiancy is changing the business of asset management for commercial real estate owners and investors. With an advanced technology platform and singular focus on serving as the owners’ advocate, the company brings fresh vigor to an often poorly understood business. Combining its proactive Value Assurance? operational rigor with an intense focus on cash flow and profitability, Allegiancy is expanding on a track record of more than four decades of success.

Headquartered in Richmond, Va., and led by a team of seasoned professionals with more than 100 years of experience, Allegiancy manages properties that have outperformed their peers by 45 percent since 2006. The company has approximately $300 million in assets under management (AUM) and delivers clients attractive returns and profitable, hassle-free investments in commercial real estate. Allegiancy grew by 62 percent last year, largely due to referrals from satisfied clients.

More information about Allegiancy may be found at www.allegiancy.us. To schedule an interview with Allegiancy’s leadership, contact Audrey Bevel at audrey@allegiancy.us or 866.842.7545 ext. 204, or (804) 201-7161.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements are based upon the Allegiancy, LLC’s (the “Company”) present expectations, but these statements are not guaranteed to occur. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. Investors should not place undue reliance upon forward-looking statements. For further discussion of the factors that could affect outcomes, please refer to the “Risk Factors” section of the offering circular dated January 14, 2014 and filed by the Company with the U.S. Securities and Exchange Commission on January 15, 2014. The offering circular, and any supplements or updates thereto, is available on the EDGAR system located on www.sec.gov.