I’d like to share an update on our upcoming raise.
Thank you for your support and patience as StartEngine waits for SEC qualification, which is necessary to commence our fundraising campaign. The SEC is very diligent in their processes, and given the complexity of digital securities and our planned innovations, we expect the delay to be a little longer.
Let me explain what we have been up to. For the past 12 months, StartEngine has been working hard to bring Initial Coin Offerings (ICOs) get out of the shadows and into regulation. I, myself, have written dozens of articles on the subject, including in the Next Web, Hacker Noon and the Mission.
In addition, our team held its third successful summit, with the most recent theme being "Tokenizing the World". With nearly 1,000 attendees and 39 speakers, including former SEC Chairman Christopher Cox and Ethereum co-founder Charles Hoskinson, this summit exceeded all of our expectations. Be sure to watch the StartEngine Summit, if you haven’t already, on our YouTube channel.
Finally, it would seem that our efforts are bearing fruit. We’re witnessing a swift change in the crowdfunding space, with more and more companies issuing security tokens using JOBS Act exemptions: Regulation Crowdfunding ($1M raises), Regulation A+ ($50M raises) and Regulation D Rule 506(c) for accredited investors. The result is a transformed and tokenized fundraising marketplace that operates in compliance within the boundaries of securities rules and regulations.
We’re very excited about the future. I look forward to updating you regularly on the progress of our SEC qualification and launch, as well as with other developments in this exciting space.
Thank you for your patience and ongoing support. We’re grateful to have you along for this journey!
StartEngine Crowdfunding Inc.
NO MONEY OR OTHER CONSIDERATION IS BEING SOLICITED, AND IF SENT IN RESPONSE, WILL NOT BE ACCEPTED. NO OFFER TO BUY THE SECURITIES CAN BE ACCEPTED AND NO PART OF THE PURCHASE PRICE CAN BE RECEIVED UNTIL THE OFFERING STATEMENT FILED BY THE COMPANY WITH THE SEC HAS BEEN QUALIFIED BY THE SEC. ANY SUCH OFFER MAY BE WITHDRAWN OR REVOKED, WITHOUT OBLIGATION OR COMMITMENT OF ANY KIND, AT ANY TIME BEFORE NOTICE OF ACCEPTANCE GIVEN AFTER THE DATE OF QUALIFICATION. AN INDICATION OF INTEREST INVOLVES NO OBLIGATION OR COMMITMENT OF ANY KIND.AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. YOU MAY OBTAIN A COPY OF THE PRELIMINARY OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT HERE.