Beauty Industry

BeautyKind Crowdfunds, Since Its Regulation A Status is Approved

BeautyKind has received approval for a Regulation A+ Initial Public Offering, and can now accept investments from the public.

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By: Marie Redding

Senior Editor

BeautyKind has announced its new status as a Regulation A+ Initial Public Offering company – and is making the most of this qualification by accepting investments from the general public to fuel its growth. There is even an ‘Invest Now!’ button on its website.

BeautyKind is an online retailer where consumers can shop prestige beauty brands while raising funds for charitable causes. Shares of BeautyKind’s common stock are expected to start trading on OTCQX following the termination of the offering.

BeautyKind’s founder and CEO, Hil Davis, explains, “Regulation A+ provides a way for individuals to own a piece of BeautyKind directly, in order to help fuel its new ventures and overall brand development. We’re excited to offer investment opportunities that not only reach our customers, but also a wider audience, and look forward to taking this pivotal next step in the brand’s lifecycle.”

Regulation A+ allows entrepreneurs to raise funds quickly through both accredited investors who are typically high net worth individuals and/or institutions, as well as non-accredited investors who are everyday individuals who are interested in opportunities to invest in the brand.

Szaferman Lakind Blumstein & Blader, PC is acting as counsel to BeautyKind and Morgan, Lewis & Bockius LLP is acting as counsel to WR Hambrecht + Co in this transaction.

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