|By Marketwired .||
|May 6, 2014 12:12 PM EDT||
NEWPORT BEACH, CA--(Marketwired - May 06, 2014) - Digital Offering (www.digitaloffering.com), a next generation, technology-driven investment bank, today announced that it has appointed Chad Cooper as its new Chief Executive Officer, effective May 1, 2014. Gordon McBean will resume his role as Chairman of the Board and Chief Financial Officer of the company. Digital Offering is focused on raising capital for private and public companies through widely marketed private placements to professional and high net worth investors now permissible under new rules promulgated by the Securities and Exchange Commission under the JOBS Act.
Chad Cooper, who is based in the firm's executive office in Newport Beach, California, will become Digital Offering's most senior executive officer and be in charge of Digital Offering's strategic growth initiatives and expansion. Mr. Cooper has spent the past fifteen years in the investment banking and capital markets industry. Mr. Cooper received his B.A. from the University of Southern California and his M.B.A. from Georgetown University.
"Chad brings to Digital Offering a proven track record of leadership, significant investment banking and institutional sales experience and a deep rolodex of contacts that will propel Digital Offering to the next level," commented Gordon McBean, Digital Offering's Chairman. McBean continued, "We are very excited to bring Chad on board. Chad's focus will be on building out the institutional channel as well as the family office/independent advisor channel. We have always viewed these channels as the source of significant growth for our business. Chad's keen business sense, in-depth knowledge of our industry and clear vision for the future will serve Digital Offering well in the years to come."
"Digital Offering is emerging as a leader in the new area of widely marketed private placements. We have the right technology, team and business plan to dominate this sector of the market. I look forward to working with the Digital Offering team and participating in the growth of this great company," commented Chad Cooper.
About Digital Offering
Digital Offering is a next generation investment bank that utilizes state of the art technology to facilitate the private placement of securities. Digital Offering leverages recent regulatory changes that permit the general solicitation and general advertising of private placements to develop targeted advertising campaigns for its issuer clients. Through a strategic partnership with Euro Pacific Capital, Digital Offering provides issuers with access to thousands of active, high net worth investors. Digital Offering's technology platform levels the playing field by automating the private placement process and giving investors the ability to participate in private placements brokered by Digital Offering exclusively or as co-agent with a variety of other investment banks through Digital Offering's website from any place at any time. For more information regarding Digital Offering, please visit our website at www.digitaloffering.com.
Risks of Investing in Private Placements
Investing in private placements involves a high degree of risk. Securities sold through private placements are typically not publicly traded and, therefore, are less liquid. Additionally, investors may receive restricted stock that may be subject to holding period requirements. Companies seeking private placement investments tend to be in earlier stages of development and have not yet been fully tested in the public marketplace. Investing in private placements requires high risk tolerance, low liquidity concerns, and long-term commitments. Investors must be able to afford to lose their entire investment. Investment products are not FDIC insured, may lose value, and there is no bank guarantee.
SOURCE: Digital Offering LLC
Louis A. Bevilacqua
866-209-1955 (ext. 101)