Elio Motors, one of the very first companies to leverage new Regulation A+ to “test the waters” and gage investor interest, will be sharing its experience tomorrow (September 9th) in a free Live Streamed event.
Elio Motors listed its potential equity crowdfunding round on June 19th – the very first day the new Reg A+ exemption became actionable. The listing set a goal of generating $25 million in investor interest – not a small amount. Today over $33 million of indicated interest has been registered on the crowdfunding platform StartEngine. According to the listing, 9278 “reservations” have been made – an average per reservation of about $3600.00. While there has been a good amount of debate as to whether Reg A+ will achieve the full potential of equity crowdfunding, without limiting to accredited investors, so far – the early results have been positive.
The live-streamed “fireside chat” will feature Paul Elio, founder of Elio Motors and Ron Miller CEO of StartEngine, discuss the rapidly changing financing ecosystem and the impact it has had (so far) on Elio Motors.
According to information provided, topics include best practices of equity crowdfunding, using Reg A+ and activating a community to drive investor interest.
If you are interested you can head over to the StartEngine site tomorrow at 7PM PT (10PM for us East Coast types).
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