Allegiancy launched at (SXSW) its $30 million new Regulation A+

CrowdFundBeat News Wire,

Allegiancy launched at South by Southwest (SXSW) its $30 million new Regulation A+ `mini-IPO’ offering, becoming the second company in the U.S. after startup vehicle manufacturer Elio Motors to tap this new source of capital.

Speaking from the NextGen Crowdfunding Ignition 1.0 event at SXSW, Allegiancy CEO Steve Sadler described in the announcement how his active asset management firm will use the capital to attack inefficiencies in the $15 trillion commercial real estate industry.

The firm, in joining the likes of Twitter, Foursquare and Meerkat that previously announced launches from SXSW, is taking an aggressive, multi-prong strategy that combines crowdfunding with broker-dealer and institutional channels to raise the $30 million in capital.

Watch: Allegiancy CEO Steve Sadler The Keynote Speech at Annual Silicon Valley Crowdfunding Conference 2016 The Year of Equity CrowdFunding

Here is full Press Release:

Richmond, Va., March 7, 2016 — CEO Steve Sadler of Allegiancy, a CRE-tech firm disrupting the commercial real estate industry, will be a featured speaker at a crowdfunding exhibition event at America’s iconic South by Southwest (SXSW) festival that’s the famous launching pad for startups such as Twitter and Foursquare.
Sadler is a featured expert panel speaker discussing the new wave of equity crowdfunding and how forward leaning businesses and entrepreneurs can tap this new source of capital at the SXSW NextGen Crowdfunding’s Ignition 1.0 event on March 14.
“My message is: join me as a disruptive tech innovator,” Sadler said. “Speaking at SXSW is an opportunity to get in front of a sophisticated, savvy audience that shares my vision for tech innovation, disruptive technology and driving profits. I believe it’s a pivotal moment for the American economy and equity crowdfunding has the potential to radically alter the trajectory of existing businesses and startups alike by providing an injection of capital at a time when it’s so far out of reach for so many.”

Sadler is leading Allegiancy, a commercial real estate active asset management firm, into a $30 million “mini-IPO” offering under the new Regulation A+ rules adopted last year by the Securities and Exchange Commission. Allegiancy’s mini-IPO campaign will attack inefficiencies in the $15 trillion commercial real estate industry with the injection of capital. The firm is taking an aggressive, multi-pronged strategy that combines crowdfunding with broker-dealer and institutional channels to raise $30 million.

SXSW, in its 30th year in Austin, Tex., is the convergence of emerging technologies, original music and independent films that’s a launching pad and networking beehive for entrepreneurs, visionaries and creatives. From New York Times bestselling author and social media expert Gary Vaynerchuk, to Twitter, Medium and Jelly co-founder Biz Stone, to Pay-Pal co-founder and current CEO of Affirm Max Levchin, to co-founder of YouTube Steve Chen and dozens of others to include Pres. Barack Obama and Star Wars creative force J.J. Abrams, SXSW offers an array of “mind-expanding” presentations by industry leaders.

NextGen Crowdfunding helps Americans explore the new era of equity crowdfunding. With unique live events and streaming video content, NextGen allows individuals to discover, search and support specific companies launching crowdfunding campaigns.

The NextGen Crowdfunding Launchfest at SXSW will be held at Maggie Mae’s, an Austin institution. At its Ignition 1.0 event, Allegiancy will be one of six innovative startups to be featured. The programming will be live-streamed to an online audience.

Ignition 1.0 is the first in a series of events and streaming video content that will provide companies with a unique opportunity to launch equity crowdfunding campaigns in front of an engaged audience. Ignition 1.0 will help these companies gain exposure for, and develop consumer interest in, their crowdfunding campaigns.
Sadler will be speaking on the panel, “Who are the Trailblazers of the Equity Crowdfunding World?” along with five other industry thought leaders and platform CEOs.

The other startups and emerging businesses presenting their equity crowdfunding campaigns in the panel with Allegiancy include:
—FashionTEQ, featuring fashionable, wearable technologies for women;
—Pavemint, featuring an innovative service that connects drivers with parking spaces;
—TeraPhysics, featuring patented, next-generation 5G wireless technology;
—Virtuix, featuring a reality motion motion platform for immersive gaming experiences.
The panel featuring Allegiancy and Steve Sadler will be live streamed from SXSW by NextGen Crowdfunding. To sign up to watch, go here: http://www.nextgencrowdfunding.com/?cmd=view-startup&id=520
The NextGen Crowdfunding Launchfest at Maggie Mae’s will be held from 2 p.m. to midnight, with the Ignition 1.0 held from 4 p.m. to 6 p.m. For those interested in attending or being on the VIP list contact Ronit Koren at ronitk@nextgencentral.com.

About Allegiancy
Allegiancy is changing the business of asset management for commercial real estate owners and investors with radical specialization. With a technology-enabled operating platform and singular focus on serving as the owners’ advocate, the company brings fresh vigor and unparalleled discipline to a poorly understood business. Combining its proactive Value Assurance operational rigor with an intense focus on cash flow and profitability, Allegiancy is leveraging the experience of its principals of more than four decades of success.
For more information about the company or to arrange an interview with Allegiancy CEO, Steve Sadler, contact Audrey Bevel at audrey@allegiancy.us, or 866.842.7545 FREE.

PLEASE NOTE: No money or other consideration is being solicited pursuant to this press release, and if any is sent in response, it will not be accepted. No offer to buy Allegiancy’s securities and no part of the purchase price for Allegiancy’s securities can be received until the offering statement Allegiancy has filed with the SEC is qualified, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date. Any indication of interest in Allegiancy or its offering involved no obligation or commitment of any kind. A copy of Allegiancy’s offering statement containing its most current preliminary offering circular describing the offering that is the subject of this press release can be found at: www.allegiancyipo.com

 

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