Tagged: public benefit corporation

October 30, 2023 @ 1:46 pm By Omar Faridi  |  

Netcapital Inc. (Nasdaq: NCPL), a digital private capital markets ecosystem, today announced the successful completion of a capital offering by EarthGrid Public Benefit Corporation, a plasma boring technology and infrastructure development company. EarthGrid raised approximately $3.3 million on Netcapital’s funding portal “as part of a… Read More

September 18, 2019 @ 1:31 pm By Samantha Hurst  |  

PayActiv, a U.S.-based provider of employment-based holistic financial wellness services, announced on Wednesday it has become a Public Benefit Corporation, which is described as a corporation that performs a specific function for the benefit of the public. According to Safwan Shah, CEO of PayActiv, the… Read More

March 2, 2017 @ 4:50 pm By Samantha Hurst  |  

Nearly a year and a half after it became a public benefit corporation, crowdfunding platform Kickstarter released its 2016 public benefit corporation statement. A public benefit corporation is described as a corporation that performs a specific function for the benefit of the public. While sharing details about its… Read More

November 2, 2016 @ 8:10 am By JD Alois  |  

Wefunder, the leader to date in the Reg CF crowdfunding market, has become a Public Benefit Corporation (PBC). A Public Benefit Corporation is a corporate entity that has a legal obligation to benefit society. A PBC still embraces profit and growth but a PBC does… Read More

June 17, 2016 @ 5:33 pm By Samantha Hurst  |  

Kickstarter, despite its vow to never go public, quietly paid dividends to its shareholders this past March. This is according to a recent report by Bloomberg. In a world of tech measured solely by growth, and too frequently ongoing losses, Kickstarter did something a bit different… Read More

April 29, 2016 @ 3:30 pm By Samantha Hurst  |  

Following the celebration of its seventh birthday, Kickstarter announced that it has donated funds to four charities as part of its mission to create a more creative and equitable world. The crowdfunding portal shared: “When we reincorporated as a Public Benefit Corporation in September of 2015 we… Read More

November 6, 2015 @ 10:28 am By Samantha Hurst  |  

Earlier this fall, crowdfunding platform Kickstarter announced it became a public benefit corporation (PBC). This type of corporation performs a specific function for the benefit of the public. Now CEO and co-founder of the famous website, Yancey Strickler is ready to share details about the business’ change and… Read More

September 21, 2015 @ 9:07 am By Samantha Hurst  |  

Kickstarter Inc. Becomes Kickstarter PBC Over the weekend, crowdfunding platform, Kickstarter, announced that it has officially become a public benefit corporation (PBC). A public benefit corporation is described as a corporation that performs a specific function for the benefit of the public. The crowdfunding platform explained: “Kickstarter Inc is… Read More