Click here to close now.




















Welcome!

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
Red Hat is investing in Tesora, the number one contributor to OpenStack Trove Database as a Service (DBaaS) also ranked among the top 20 companies contributing to OpenStack overall. Tesora, the company bringing OpenStack Trove Database as a Service (DBaaS) to the enterprise, has announced that Red Hat and others have invested in the company as a part of Tesora's latest funding round. The funding agreement expands on the ongoing collaboration between Tesora and Red Hat, which dates back to Febr...
The Internet of Things (IoT) is about the digitization of physical assets including sensors, devices, machines, gateways, and the network. It creates possibilities for significant value creation and new revenue generating business models via data democratization and ubiquitous analytics across IoT networks. The explosion of data in all forms in IoT requires a more robust and broader lens in order to enable smarter timely actions and better outcomes. Business operations become the key driver of I...
In their Live Hack” presentation at 17th Cloud Expo, Stephen Coty and Paul Fletcher, Chief Security Evangelists at Alert Logic, will provide the audience with a chance to see a live demonstration of the common tools cyber attackers use to attack cloud and traditional IT systems. This “Live Hack” uses open source attack tools that are free and available for download by anybody. Attendees will learn where to find and how to operate these tools for the purpose of testing their own IT infrastructu...
SYS-CON Events announced today that DataClear Inc. will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. The DataClear ‘BlackBox’ is the only solution that moves your PC, browsing and data out of the United States and away from prying (and spying) eyes. Its solution automatically builds you a clean, on-demand, virus free, new virtual cloud based PC outside of the United States, and wipes it clean...
It’s been proven time and time again that in tech, diversity drives greater innovation, better team productivity and greater profits and market share. So what can we do in our DevOps teams to embrace diversity and help transform the culture of development and operations into a true “DevOps” team? In her session at DevOps Summit, Stefana Muller, Director, Product Management – Continuous Delivery at CA Technologies, answered that question citing examples, showing how to create opportunities for ...
SYS-CON Events announced today that IceWarp will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IceWarp, the leader of cloud and on-premise messaging, delivers secured email, chat, documents, conferencing and collaboration to today's mobile workforce, all in one unified interface
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ab...
A producer of the first smartphones and tablets, presenter Lee M. Williams will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ETwater. In his session at @ThingsExpo, Lee Williams, COO of ETwater, will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ET...
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
Whether you like it or not, DevOps is on track for a remarkable alliance with security. The SEC didn’t approve the merger. And your boss hasn’t heard anything about it. Yet, this unruly triumvirate will soon dominate and deliver DevSecOps faster, cheaper, better, and on an unprecedented scale. In his session at DevOps Summit, Frank Bunger, VP of Customer Success at ScriptRock, will discuss how this cathartic moment will propel the DevOps movement from such stuff as dreams are made on to a prac...
Cloud and datacenter migration innovator AppZero has joined the Microsoft Enterprise Cloud Alliance Program. AppZero is a fast, flexible way to move Windows Server applications from any source machine – physical or virtual – to any destination server, in any cloud or datacenter, using its patented container technology. AppZero’s container is also called a Virtual Application Appliance (VAA). To facilitate Microsoft Azure onboarding, AppZero has two purpose-built offerings: AppZero SP for Azure,...
WSM International, the pioneer and leader in server migration services, has announced an agreement with WHOA.com, a leader in providing secure public, private and hybrid cloud computing services. Under terms of the agreement, WSM will provide migration services to WHOA.com customers to relocate some or all of their applications, digital assets, and other computing workloads to WHOA.com enterprise-class, secure cloud infrastructure. The migration services include detailed evaluation and planning...
This Enterprise Strategy Group lab validation report of the NEC Express5800/R320 server with Intel® Xeon® processor presents the benefits of 99.999% uptime NEC fault-tolerant servers that lower overall virtualized server total cost of ownership. This report also includes survey data on the significant costs associated with system outages impacting enterprise and web applications. Click Here to Download Report Now!
IBM’s Blue Box Cloud, powered by OpenStack, is now available in any of IBM’s globally integrated cloud data centers running SoftLayer infrastructure. Less than 90 days after its acquisition of Blue Box, IBM has integrated its Blue Box Cloud Dedicated private-cloud-as-a-service into its broader portfolio of OpenStack® based solutions. The announcement, made today at the OpenStack Silicon Valley event, further highlights IBM’s continued support to deliver OpenStack solutions across all cloud depl...
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies leverage disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advance...