The BANQ.co site offers access to registered public offerings, such as IPOs and secondary offerings, private placements and now Reg A+ transactions
New Y0rk City, NY – TriPoint Global Equities, LLC (“TriPoint”) announced that a new fin-tech trading platform BANQ.co, which is now accepting Crowdfunding Title IV Reg A+ issuers looking to raise capital.
The Securities and Exchange Commission (SEC) recently approved the final rules to activate implementation of Regulation A+ which is Title IV of the Jumpstart our Business Startups Act, or JOBS Act. The approval of Regulation A+ allows startups and small businesses to raise a maximum of $50 million under this law.
The newly approved Regulation A+ allows these funds, subject to certain limitations, to be raised from the general public. This means that startups and small businesses can now accept investment in small Initial Public Offerings from the general public, even if the investors are non accredited.
TriPoint’s new online investment banking division, BANQ.co, aims to provide individual investors with direct access to the primary and secondary equity markets. BANQ’s platform takes the entire public and private offering process online and provides instantaneous confirmation of all investment transactions.
BANQ offers access to registered public offerings, such as IPOs and secondary offerings, private placements and now Reg A+ transactions. In addition, BANQ offers low-priced trading commissions, as low as $0.99 and $3.95 per trade. By charging a low commission, BANQ is making investing even more accessible to the growing number of individual investors.
“Reg A+ potentially is the greatest innovation in capital raising since Reg D itself in early 1980s. It allows a company to raise money and create immediate liquidity for its shareholders and now thru BANQ, issuers have a platform to reach the investing community,” stated Mark Elenowitz, CEO of TriPoint Global Equities. “We are excited about Reg A+ and look forward to seeing the Small Cap IPO return.”
TriPoint provides companies of up to $500 million in revenue with access and entry to the U.S. capital markets via its specialized practices in: equity capital markets (IPOs, SDOs, private equity, venture capital, etc), specialty finance (senior and junior debt, mezzanine, etc.) and corporate advisory.
TriPoint created www.banq.co to become an electronic investment banking platform that streamlines the matching of investors with quality growth companies and alternative investment opportunities. BANQ widely markets its U.S. offerings utilizing the new general solicitation and advertising rules promulgated by the U.S. Securities & Exchange Commission, in response to the passage of the JOBS Act of 2012.
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