Cutting Edge Capital(CEC) has announced that it has listed its Direct Public Offering(DPO) using a new online investing tool that connects local businesses with investors. The “Cutting Edge Capital DPO” claims to offer an unsecured note with a four percent annual interest rate over a term of five years, and is being listed on CuttingEdgeX (CEX), an online marketplace that connects everyday (non -accredited) investors with independent, social enterprises that need growth capital. CEX, launched in partnership with Hylo, and states they provide a legal way for both accredited and non-accredited investors to discover and participate in these offerings.
“The CEX online investment tool is a quantum leap for companies and community investors,” said Jenny Kassan, CEO of Cutting Edge Capital. “For CEC, it allows us to showcase our offering right from our website, and it makes it easy for individuals to invest online.”
Apparently a DPO allows companies to self-underwrite and self-administer public securities offerings to both accredited and non-accredited investors in one or more states. A company can market and advertise its offering publicly by any means it chooses – through advertising in newspapers and magazines; at public events and private meetings; and on the internet and through social media channels.
The online platform is integrated into the website of the company conducting the DPO with seamless branding and marketing. All relevant information, including the DPO Offering Memorandum, Subscription Agreement, required notices from securities regulators and other important DPO documentation is presented on the website and all offering information can be easily shared on Facebook, Twitter and other social media. The tool also provides the ability for investors to comment on the offering, and a place for the company to post updates.
“We are excited to be the first company to issue a DPO using the CEX online investment tool,” said Cutting Edge Capital President John Katovich. “It’s a platform that makes it easy for us to receive investments, helps us track investors and manage communications, and equally important, provides investor-friendly tools for easy participation in the growth and success of our business.”
The Cutting Edge Capital DPO is available only to California residents and the minimum investment is $1,000.
Cutting Edge Capital seeks to provide small and mid-sized businesses with the information, tools, and expertise they need to raise capital in a way that fits with their business model and long-term goals. The firm states they have completed ten offerings for clients that raised nearly $5 million, and has another 20+ DPOs in the pipeline.
Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!