BeautyKind Announces Regulation A+ Initial Public Offering
Company Spotlights Importance of Connecting Causes and Commerce with Community
Company Spotlights Importance of Connecting Causes and Commerce with Community
NEW YORK, Feb. 25, 2016 /PRNewswire/ -- BeautyKind, a prestige beauty website where consumers raise funds for charitable causes while they shop, announced that it has filed an offering statement with the Securities and Exchange Commission for a Regulation A+ public offering to help empower its customers to invest in the growing brand. The offering will be conducted on a best-efforts basis by WR Hambrecht + Co as the sole underwriter.
"The core belief behind BeautyKind is to give back to causes and its customers, and our Regulation A+ public offering reinforces this notion," said Founder and CEO, Hil Davis. "We're proud to provide all members of our community with the opportunity to invest early in the lifecycle of our company, and to help shape its growth."
BeautyKind's Regulation A+ offering will allow customers and other investors to purchase an ownership interest in the brand during its pivotal early years. Traditional startups rely primarily on funding from accredited investors, which typically includes venture capitalists and established institutions. Now, with the new rules under Regulation A+, any member of the community can help support and participate in BeautyKind's growth and development.
"Customers are the most valuable asset to any brand's success and we emphasize a 'for the people, by the people,' approach throughout all facets of our business model," added Davis.
Funds raised will help drive new ventures for BeautyKind, including a personalized online beauty experience and mobile app for customers where they can easily restock their favorite products and learn beauty tips and tricks. The Company expects to debut its first broadcast advertisement, scheduled to air nationally in March 2016. In addition, BeautyKind's Pop Up Container Tour will launch this year at SXSW in Austin, TX from March 11 to March 15, and will continue on to visit several college campuses throughout the year.
A copy of the offering circular is available through the BeautyKind Reg A IPO Landing Page on the WR Hambrecht + Co website.
About BeautyKind
Launched In November 2014, BeautyKind is an online beauty retailer with charitable giving at its core. Customers can shop their favorite beauty, hair, fragrance and skin care brands, while directing 5% of every purchase to causes of their choice, whether that is a local cause or a national organization. The BeautyKind Ambassador Program provides additional incentives to individual customers by rewarding them and their referrals for purchasing BeautyKind products while benefiting the charities of their choice. To learn more, please visit BeautyKind.
For Press Inquiries:
JONESWORKS
Jill Sciuto: [email protected]
212.839.011
About WR Hambrecht + Co
WR Hambrecht + Co was founded in January 1998 to level the playing the field for investors and corporate clients. Like its predecessor firm, Hambrecht & Quist, WRH+Co seeks to identify high prospect growth-stage companies, and then enable access to the capital necessary to fund development, marketing and infrastructure so that these companies can achieve their full potential. WRH+Co's Regulation A+ strategy is a continuation of Bill Hambrecht's legacy of conducting small public offerings for what were once considered high-risk start-ups that are now household names and Fortune 500 companies.
Contact Helen Miazga ([email protected]) at 415-551-3237 or visit our website wrhambrecht.com.
Disclaimer
The offering is being made only by means of an offering circular. An offering statement on Form 1-A relating to these securities has been filed with the Securities and Exchange Commission but has not yet become qualified. You may obtain a copy of the most recent version of the preliminary offering circular by clicking on the following link: https://www.wrhambrecht.com/ipos/beautykind-holdings-inc-regulation-a-ipo/
These securities may not be sold nor may offers to buy be accepted prior to the time the offering statement is qualified. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
No money or other consideration is being solicited in connection with this press release, and if sent in response, will not be accepted. No offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement on Form 1-A is qualified pursuant to Regulation A of the Securities Act of 1933, as amended, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance is given after the qualification date. Any person's indication of interest involves no obligation or commitment of any kind.
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SOURCE BeautyKind
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