Allegiancy to Hold Webcast for Its $30 Million IPO Offering on Jan. 13
RICHMOND, VA / ACCESSWIRE / January 4, 2016 / Allegiancy, a specialist in active asset management of commercial real estate, will hold a webcast on Jan. 13, 2016, at 4 p.m. EST to discuss its $30 million new Reg A+ initial public offering.
The webcast will be hosted by Allegiancy CEO Steve Sadler, who will discuss how the firm intends to use the proceeds of the offering to invest in its proprietary technology platform, make new contract acquisitions and to grow its operations organically, as well as and add new employees to support its triple-digit growth.
Allegiancy has engaged WR Hambrecht + Co to lead the placement of the $30 million IPO offering. WR Hambrecht + Co has been at the forefront of the development and implementation of the new Regulation A+ rules that Allegiancy is capitalizing on to propel its company growth.
Allegiancy is among the first companies in the U.S. to capitalize on the new Reg A+ rules. Last year, under the previous Regulation A rules, Allegiancy raised $5 million in capital that spurred 400 percent growth for the company. With the injection of capital, Allegiancy doubled in size, tripled the number of its employees and then doubled its assets under management again in June when it closed its first asset management portfolio acquisition. Allegiancy’s tremendous growth earned the company a place in the top half of the Inc. 5000 list in 2015. In July, the company doubled the size of its headquarters with a move to a new office in Richmond.
For information on Allegiancy’s $30 million IPO, go here: allegiancyipo.com.
To register for the webcast, go here: http://rega.investornetwork.com/allegiancy-company/
For additional information, contact Audrey Bevel toll-free at 866-842-7545 x 1100, or 804-208-0980 direct. Or reach her via email at audrey@allegiancy.us.
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.
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: allegiancyipo.com.
SOURCE: Allegiancy
ReleaseID: 435221