I am excited to launch BankRoll and to finally be able to help small companies raise millions in new capital using the new Regulation A+ Mini-IPO. I’ve been waiting for this day for more than three years.
Washington DC (PRWEB) June 17, 2015
On June 19, 2015, it becomes legal for small businesses to raise up to $50 million by conducting an online Mini-IPO under a revolutionary new law referred to as “Regulation A+.” On that same date, Kendall Almerico, the leading Regulation A+ attorney in the country and an outspoken proponent of the law, will launch BankRoll (http://www.BankRoll.Ventures) a web site that allows startup and emerging companies to raise million in new capital from “the crowd” online. Almerico was among the first to file paperwork with the SEC, allowing his clients to launch a Mini-IPO on BankRoll, once the SEC completes a review process of the filings.
“I am excited to launch BankRoll and to finally be able to help small companies raise millions in new capital using the new Regulation A+ Mini-IPO,” Almerico said. “I’ve been waiting for this day for more than three years.”
Regulation A+ is part of the Jumpstart Our Business Startups Act (JOBS Act), a bipartisan bill signed into law in April 2012, with President Obama calling the law “a potential game-changer” for startups and a law that will "remove barriers" for small businesses by providing broader access to capital and investors. After three years of review, the Securities and Exchange Commission (SEC) recently finalized rules to allow small companies to use “Regulation A+” to affordably conduct a Mini-IPO where up to $50 million in new capital can be raised online through web sites like BankRoll.
Almerico, who was called “one of the top Regulation A+ attorneys in the country” in a recent Forbes article, will be using BankRoll and the new law to “test the waters” or gauge interest in a Mini-IPO for a high-profile client at launch. Almerico’s client StarShop is a new e-commerce venture where celebrities ranging from entertainment stars Paula Abdul and Rhianna to sports icon Peyton Manning appear in short, viral videos promoting celebrity owned or endorsed products. The StarShop mobile app and web site launched June 3, 2015 to much fanfare when it appeared in People, Us Weekly, E Online, the New York Post and numerous other media outlets. While Almerico and StarShop await approval from the SEC to launch the Mini-IPO, the public can learn more about the possible investment in StarShop on the BankRoll web site.
“StarShop is excited to use the new Mini-IPO law to give their fans a chance to invest in their company,” Almerico said. “Before Regulation A+, unless you were rich or well-connected to Wall Street, most people couldn’t invest in companies at this early stage.”
Kendall Almerico is available for print, online and broadcast interviews.
About Kendall Almerico
Kendall Almerico was the top ranked practicing attorney on VentureBeat’s list of the 20 most influential crowdfunding thought leaders in the world. Kendall is a subject matter expert who has been interviewed and had his crowdfunding businesses featured in the New York Times, USA Today, Forbes, Bloomberg, The Washington Post, The New York Daily News, Chicago Tribune, Huffington Post, Business Insider and on CNN, Fox News, CBS, ABC and NBC. Kendall is a regular crowdfunding and JOBS Act columnist for Entrepreneur.com and an international keynote speaker. Kendall practices law with the prestigious law firm of DiMuro Ginsberg in the Washington DC area.
BankRoll (http://www.BankRoll.Ventures) is the premier Regulation A+ and Mini-IPO website and will assist companies with raising millions of dollars using the game-changing new JOBS Act laws. Founder Kendall Almerico created BankRoll to give “the crowd” access to investments in startups and young companies that, before the new law, were only available to wealthy investors or those with Wall Street connections. BankRoll not only assists companies raising capital online through Regulation A+ Mini-IPOs, but also through private placements and other online means of new capital access. A registered broker-dealer that is a member of FINRA conducts all securities-related activity on BankRoll. BankRoll is operated by BankRoll Ventures, LLC, which is not a registered broker-dealer, and does not give investment advice.