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
Security, data privacy, reliability, and regulatory compliance are critical factors when evaluating whether to move business applications from in-house, client-hosted environments to a cloud platform. Quality assurance plays a vital role in ensuring that the appropriate level of risk assessment, verification, and validation takes place to ensure business continuity during the migration to a new cloud platform.
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
StackIQ has announced the release of Stacki 3.2. Stacki is an easy-to-use Linux server provisioning tool. Stacki 3.2 delivers new capabilities that simplify the automation and integration of site-specific requirements. StackIQ is the commercial entity behind this open source bare metal provisioning tool. Since the release of Stacki in June of 2015, the Stacki core team has been focused on making the Community Edition meet the needs of members of the community, adding features and value, while ...
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
There will be new vendors providing applications, middleware, and connected devices to support the thriving IoT ecosystem. This essentially means that electronic device manufacturers will also be in the software business. Many will be new to building embedded software or robust software. This creates an increased importance on software quality, particularly within the Industrial Internet of Things where business-critical applications are becoming dependent on products controlled by software. Qua...
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
With over 720 million Internet users and 40–50% CAGR, the Chinese Cloud Computing market has been booming. When talking about cloud computing, what are the Chinese users of cloud thinking about? What is the most powerful force that can push them to make the buying decision? How to tap into them? In his session at 18th Cloud Expo, Yu Hao, CEO and co-founder of SpeedyCloud, answered these questions and discussed the results of SpeedyCloud’s survey.
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
SYS-CON Events announced today that MangoApps will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device.
Large scale deployments present unique planning challenges, system commissioning hurdles between IT and OT and demand careful system hand-off orchestration. In his session at @ThingsExpo, Jeff Smith, Senior Director and a founding member of Incenergy, will discuss some of the key tactics to ensure delivery success based on his experience of the last two years deploying Industrial IoT systems across four continents.