A Southern California based green-tech automotive company has been qualified by the Securities and Exchange Commission to raise $22 million through a Tier 2 Regulation A+ offer. Adomani tapped a local California broker-dealer focusing on the Reg A market, Boustead Securities, to sell 4,400,000 of common stock at $5 per share with a $500 minimum investment.
Cambridge, Mass.-based medical robotics company Myomo is seeking to become the first issuer to be listed on the NYSE MKT if it is successful in raising $15 million through a Tier 2 Regulation A offering. The 11-year-old company launched its offering in mid-March, selling shares priced at $7.50 with a pre-money valuation of $35 million.
A California-based entertainment studio startup has passed the minimum capital raise it set for its Regulation A offering in just a few weeks. Legion M Entertainment, using the Wefunder platform to market the offer, has raised $793,164 through 1,321 investors as of April 6.
The kitchen gadget company may be best known for its late-night infomercials hawking the Veg-O-Matic and the Ronco Showtime Rotisserie. Now, it’s taking the spiel to investors, hoping to lure them into buying $30 million worth of stock...