First Ever Crowd Funded IPO–$1 Million in Pledges For a Medical Device Delivering Non-Invasive Weight Loss Cellulite Removal Procedures, FDA and CE Marked

As the article mentions it is now in the quiet period and the name cannot be divulged.  IPO Village was the portal that handled the crowd funding. The company is not a start up and has been around for 6 years so I am guessing the IPO and crowd funding purpose was to ready the company for the IPO.  The SEC has to give their stamp of approval all who signed up will receive their notice that the offering is is open for investment.  The company’s product uses ultra sound technologies for cellulite removal and I can almost bet if I searched a bit it’s probably on this blog:) 

If you want to read more about the company there’s a lot to read up on  and it gives you just about everything about the product except the name at the IPO Village website.  This is a good example though of crowd funding for companies that are established and need to raise money as it’s not just limited to a start up.

Read More at DuckNetWeb


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