Miami, August 10, 2015 – iCrowdNewswire launches SEC Reg. FD Compliant Disclosure press release distribution and Reg. D, A and A+ filing services – opens the door to serve publicly listed companies as well as the equity crowdfunding industry.
With a series of new syndication agreements iCrowdNewswire has expanded to provide SEC mandated disclosure services in preparation for the expected October rules on Regulation D, Title III, allowing small and medium size enterprises (SMEs) to raise up to $500,000 taking advantage of JOBS Act changes to regulatory processes. At the same time, iCrowdNewswire’s disruptive model is designed to serve publicly listed companies of any size with a SaaS model that provides maximum efficiencies and cost savings. In addition on August 3rd iCrowdNewswire announced a deal with Securex Filings one of the largest full service SEC-registered filing agents founded in 1999 and currently rated the 7th-most active of the top 250 filing services doing over 5,000 filings annually allowing iCrowdNewswire to offer a full range of filings services.
“In the crowdfunding segment the changes coming which range from more efficient and less expensive filing requirement, to general solicitation and general advertising, and the availability of accepting non-accredited investors are monumental” said Hector Botero, President of iCrowdNewswire. “But at the same time lesser requirements and greater access to non-accredited investors does not mean no regulations and it is key that equity crowdfunding platforms and those implementing equity crowdfunding campaigns have easy and cost efficient access to services to meet the regulations that will govern” went on to say Mr. Botero.
As part of the new press release distribution agreements iCrowdNewswire now has access to a set of premier publishing partners that includes Acquire Media, Comtex, Dialog, Dow Jones Factiva, Financial Times, Lexis-Nexis, MarketWatch, Newstex, ProQuest, Gale, Thomson West, TrackData, and Financial News UK. In all the new agreements include over 100 financial news services, corporate networks, news aggregators and databases reaching stock exchanges, brokers, bankers and investment houses. The new expanded syndication footprint is comprised of financial services used by millions of investors on a daily basis – from professionals to retail investors, these are the services used to make decisions on billions of dollars in investments daily. The expansion positions iCrowdNewswire to compete head on with older newswires in the public company segment leveraging a business model that eliminates word counts, overages fees, charges for multimedia and exorbitantly high fees.
The market opportunity is enormous. In the SME segment, according to the U.S. Census Bureau (2012) there are over 5.7 million businesses with 500 employees or less – these SMEs are the engine of employment and growth of the U.S. And these are the companies that stand to benefit the most from an Alternative Financial market that provides opportunities to raise capital that are affordable, efficient and within reach. In comparison, the traditionally expensive stock exchanges that are not accessible to the majority of SMEs, the NYSE, NSADQ, OTQX, OTCQB and OTCBB have more or less 16.000 companies listed.
Launched in April of 2015 by a group of senior newswire executives iCrowdNewswire has mainly focused on the crowdfunding industry to date reaching 1,000 press releases per month in July. The truly global team of Advisors based in Berlin, Hong Kong, Los Angeles, Miami, New York, Paris, Sao Paulo and Singapore have previously held senior executive roles with Business Wire, DAPD, Dow Jones, Hugin, Marketwired, NASDAQ, PR Newswire and Yahoo!. For more information visit http://www.icrowdnewswire.com/
About Securex Filings
Founded in 1999, Securex is one of the most active full service EDGAR filing agents providing expert document conversion and filing services to publicly traded companies required to file electronically with the U.S. Securities and Exchange Commission. Securex provides a single point of contact for your SEC compliance requirements, streamlining your process to make EDGAR filing easy, affordable and secure. Our system is designed to ensure clients have accurate accountability for all filings. Securex guarantees filings will be completed on schedule, on budget and in compliance with SEC regulations. More at http://www.secfile.com/our-resources/edgar/
T: (305) 851-2068
Alexander Zervakos [email protected]