INVESTinNC is an educational program created to inform North Carolina based small business owners and potential investors about new opportunities to participate in equity crowdfunding under the NC Paces Act.
By opening up an entirely new pool of funding from non-accredited, everyday investors, as well as accredited resources, the new regulations provide an unprecedented opportunity for entrepreneurs to seek alternative financing on their own terms.
The following organizations have come together in support of the INVESTinNC educational program:
LogicBay’s FundingStack™ is the only intrastate funding portal to receive a notice of effectiveness of registration from the NC Secretary of State under the NC PACES Act. Approved for use in February 2018, this crowdfunding portal is compliant with all NC PACES Act requirements and automates both the issuer and investor experience under the new regulations.
Built on the Amazon Web Services (AWS) platform, the FundingStack™ integrates best-of-breed applications into one technology stack optimized for equity crowdfunding.
Cardinal Crowdfund Solutions, LLC is a North Carolina company founded by North Carolina natives and residents that provides equity crowdfunding services to business owners (issuers) as they seek investors under the NC PACES Act.
Services are focused around an accelerated process from planning and fundraising, through post-funding reporting compliance. Cardinal serves as an alternative to hiring multiple entities including, broker/dealers, attorneys, accounting firms, marketing professionals and other service providers to represent an issuer’s offering.
Nexsen Pruet represents businesses in virtually every industry with over 190 attorneys located in eight offices across the Carolinas. Since being founded in 1945, the firm’s suite of services has grown to encompass all facets of managing business law from inception and growth to successful transfer, sale, or closure.
Through the in-depth participation of Nexsen Pruet attorney John Skvarla, III with the North Carolina Secretary of State in the formation of the NC PACES Act, the firm has a vested interest in making both small business owners and investors statewide aware of the new opportunities afforded under the new law.
The Regan Law Firm, PLLC
The Regan Law Firm is a veteran-owned business dedicated to exceptional customer service. The firm focuses on four broad practice areas - litigation, business law, real estate, and construction law. Under those banners, they provide clients a wide range of legal services.
As the integrated escrow agent in LogicBay’s FundingStack™ crowdfunding portal, The Regan Law Firm serves an integral part in securing investor funds for distribution upon issuers’ goals being met or the dissolution of an offering.