Click here to close now.

SYS-CON MEDIA Authors: Carmen Gonzalez, Liz McMillan, Kevin Jackson, Peter Silva, Greg Wind

News Feed Item

BANQ Selects ieCrowd for First Private Placement Offering on New Digital Investment Platform

ieCrowd, the discovery-to-market commercialization platform for innovations that solve global challenges, and BANQ, the electronic investment-banking platform that matches accredited investors with alternative investment opportunities, a division of TriPoint Global Equities, today announced that ieCrowd will be the initial company BANQ has selected to raise capital through a private placement offering on the BANQ platform.

Historically, access to private placements has been limited to only a few select investors. Opportunities for individuals were limited due to regulations restricting mass marketing of these types of offerings. As individuals have become more savvy investors, as a result of social media and greater access to information and data, being left out of these opportunities has become a bigger concern for many.

Utilizing the new general solicitation and advertising rules promulgated by the SEC in response to the passage of the Jumpstart Our Business Startups (JOBS) Act of 2012, BANQ is leveling the playing field by widely marketing and granting access to offers that were previously shared with only a limited number of investors and institutions. Officially launched today, BANQ is delivering a technology platform that provides accredited, individual investors early and expanded access to exciting investment opportunities with emerging companies in rapidly growing industry sectors. The principals behind this division of a New York-based FINRA member Broker-Dealer registered with the SEC have more than 25 years of capital markets and investment banking experience.

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, like IPOs and secondary offerings, and private placements like ieCrowd’s. In addition, it 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.

As a company dedicated to providing greater access to unique and innovative companies, ieCrowd was a natural choice for BANQ’s first transaction. ieCrowd’s business model offers a unique opportunity for qualified investors to invest in some of the world’s most promising discoveries developed by world class research universities and institutions, while mitigating some of the inherent risks typically associated with early stage ventures. The company identifies innovative life and health technologies developed by top-tier universities and innovators, obtains the exclusive rights to such innovations, and then rapidly mobilizes a business infrastructure to bring these disruptive technologies to the global market. By leveraging a network of global partners, along with a dedicated team with extensive business and product development experience, ieCrowd is able to offer a unique, diversified and efficient investment platform to qualified investors with an appetite for “doing good and doing well.”

By partnering together, ieCrowd and BANQ are able to bring the world’s newest life sciences and healthcare discoveries sourced from some of the top research universities directly to investors. Through its unparalleled transparency and access, BANQ is challenging the status quo of investment banking, empowering individual investors and forever changing the way individuals gain access to some of today’s most innovative companies.

“We’re thrilled to offer our investors an unparalleled opportunity to get involved with ieCrowd early in the company’s growth stage,” said Mark H. Elenowitz, CEO and founder of BANQ. “BANQ is positioned to become a premier investment portal, providing secure, seamless and compliant introductions of accredited investors to high-growth companies and alternative investment opportunities, such as ieCrowd, and we’re excited to launch the platform to the investing public.”

“BANQ is an ideal partner for ieCrowd with the right team and a pioneering platform which will help us meet immediate goals, and enable us to ultimately implement our vision to democratize investing in early stage promising discoveries,” stated Amro Albanna, founding chairman and CEO of ieCrowd. “Continued funding is critical as we accelerate our acquisition and development of life and health innovations. We are excited about this opportunity to offer our private placement through BANQ and believe that this is just the start of many great initiatives to come.”

To learn more about ieCrowd’s private placement offering, please visit www.banq.co.

About ieCrowd

ieCrowd transforms breakthrough life and health discoveries into global solutions that have the potential to impact the lives of people around the world. ieCrowd's platform combines entrepreneurship and the collective power of the Crowd. It follows a three-pronged approach by working with top-tier research universities to identify breakthrough discoveries, mobilizing a business infrastructure to rapidly develop innovations into solutions and launching products to a global market via strategic partners. The Crowd plays an integral role in each stage of ieCrowd’s mission to solve global challenges – from crowd-sourced innovations to crowd-funding, and crowd-supported product development to crowd-sourced market solutions. Founded in 2010, ieCrowd has established a global ecosystem of institutions, government agencies, universities, non-profits, companies and individuals – all committed to supporting ieCrowd’s vision and mission. For more information about ieCrowd visit www.iecrowd.com.

About TriPoint Global Equities and its division BANQ

TriPoint Global Equities, LLC, ("TriPoint"), is a FINRA member and leading boutique full service investment bank that provides companies with capital raising and corporate and strategic advisory services. TriPoint has created BANQ, a newly launched division that is an electronic investment banking platform that streamlines the matching of accredited investors with quality growth companies and alternative investment opportunities. BANQ provides accredited investors access to exciting companies with exposure to rapidly growing sectors and new technologies. BANQ takes the entire public and private offering process digital and online, providing access to U.S. opportunities and offerings in the U.S. markets. BANQ widely markets its 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. In addition BANQ will offer some of the lowest trading costs in the industry at $.99 and $3.95. TriPoint Global maintains specialized practices in institutional private placements, sales and trading, mergers and acquisitions, and corporate finance. TriPoint has offices in New York City, Jericho, NY, Akron, OH, Beijing, China and Washington, D.C. For more information on TriPoint and BANQ, visit www.banq.co and www.tripointglobalequities.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DevOps tasked with driving success in the cloud need a solution to efficiently leverage multiple clouds while avoiding cloud lock-in. Flexiant today announces the commercial availability of Flexiant Concerto. With Flexiant Concerto, DevOps have cloud freedom to automate the build, deployment and operations of applications consistently across multiple clouds. Concerto is available through four disruptive pricing models aimed to deliver multi-cloud at a price point everyone can afford.
Today, IT is not just a cost center. IT is an enabler and driver of business. With the emergence of the hybrid cloud paradigm, IT now has increasingly more capabilities to create new strategic opportunities for a business. Hybrid cloud allows an organization to utilize multi-tenant public clouds, dedicated private clouds, bare metal hosting, and the associated support and services for the right use cases through an on-demand, XaaS model. This model of IT creates tremendous opportunities for busi...
Docker is an excellent platform for organizations interested in running microservices. It offers portability and consistency between development and production environments, quick provisioning times, and a simple way to isolate services. In his session at DevOps Summit at 16th Cloud Expo, Shannon Williams, co-founder of Rancher Labs, will walk through these and other benefits of using Docker to run microservices, and provide an overview of RancherOS, a minimalist distribution of Linux designed...
Business as usual for IT is evolving into a “Make or Buy” decision on a service-by-service conversation with input from the LOBs. How does your organization move forward with cloud? In his general session at 16th Cloud Expo, Paul Maravei, Regional Sales Manager, Hybrid Cloud and Managed Services at Cisco, discusses how Cisco and its partners offer a market-leading portfolio and ecosystem of cloud infrastructure and application services that allow you to uniquely and securely combine cloud busi...
Businesses are looking to empower employees and departments to do more, go faster, and streamline their processes. For all workers – but mobile workers especially – utilizing the cloud to reconnect documents and improve processes without destructing existing workflows can have a dramatic impact on productivity. In his session at 16th Cloud Expo, Mark Grilli, vice president of Acrobat Solutions marketing at Adobe Systems Incorporated, will outline new ways that the cloud is changing the way peo...
Wearable technology was dominant at this year’s International Consumer Electronics Show (CES) , and MWC was no exception to this trend. New versions of favorites, such as the Samsung Gear (three new products were released: the Gear 2, the Gear 2 Neo and the Gear Fit), shared the limelight with new wearables like Pebble Time Steel (the new premium version of the company’s previously released smartwatch) and the LG Watch Urbane. The most dramatic difference at MWC was an emphasis on presenting we...
SYS-CON Events announced today that Vitria Technology, Inc. will exhibit at SYS-CON’s @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Vitria will showcase the company’s new IoT Analytics Platform through live demonstrations at booth #330. Vitria’s IoT Analytics Platform, fully integrated and powered by an operational intelligence engine, enables customers to rapidly build and operationalize advanced analytics to deliver timely business outcomes ...
Are your applications getting in the way of your business strategy? It’s time to rethink your IT approach. In his session at 16th Cloud Expo, Madhukar Kumar, Vice President, Product Management at Liaison Technologies, will discuss a new data-centric approach to IT that allows your data, not applications, to inform business strategy. By moving away from an application-centric IT model where data integration and analysis are subservient to the constraints of applications, your organization will b...
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY., and the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides private all-in-one social intranets allowing workers to securely collaborate from anywhere in the world and from any device. Social, mobile, and eas...
WSM International has launched a DevOps services division that offers assessment, consulting and implementation to large enterprises and organizations with complex infrastructures. The concept of DevOps is to blend information technology (IT) software development with operations to optimize the computing infrastructure according to the specific needs of the organization. According to a recent press release from Gartner, "By 2016, DevOps will evolve from a niche strategy employed by large cloud ...
SYS-CON Events announced today that Solgenia will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY, and the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Solgenia is the global market leader in Cloud Collaboration and Cloud Infrastructure software solutions. Designed to “Bridge the Gap” between Personal and Professional S...
SYS-CON Events announced today that QTS Realty Trust, one of the nation’s largest and fastest-growing providers of data center facilities and cloud services and a leader in security and compliance, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. QTS Realty Trust, Inc. (NYSE: QTS) is a leading national provider of data center solutions and fully managed services, and a leader in security and compliance...
SYS-CON Events announced today that WSM International (WSM), the world’s leading cloud and server migration services provider, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. WSM is a solutions integrator with a core focus on cloud and server migration, transformation and DevOps services.
SYS-CON Events announced today that Liaison Technologies, a leading provider of data management and integration cloud services and solutions, has been named "Silver Sponsor" of SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York, NY. Liaison Technologies is a recognized market leader in providing cloud-enabled data integration and data management solutions to break down complex information barriers, enabling enterprises to make sm...
Sematext is a globally distributed organization that builds innovative Cloud and On Premises solutions for performance monitoring, alerting and anomaly detection (SPM), log management and analytics (Logsene), and search analytics (SSA). We also provide Search and Big Data consulting services and offer 24/7 production support for Solr and Elasticsearch.