Allegiancy To Hold Webcast For Its $30 Million IPO Offering On Feb. 17
Richmond, Va., Feb. 2, 2016 — Allegiancy, a specialist in active asset management of commercial real estate, will hold a webcast on Feb. 17, 2016, at 4 p.m. EST to discuss its $30 million new Reg A+ initial public offering.
Allegiancy CEO Steve Sadler, whose enterprising capitalization on the new Reg A+ rules adopted by the SEC last year was featured in the Wall Street Journal, will discuss how the firm intends to use the proceeds to attack inefficiencies in the $15 trillion commercial real estate industry. The announcement of the second webinar comes on the heels of the success and large turnout of the first webinar held on December 13.
Sadler will highlight how Allegiancy is disrupting the commercial real estate industry and how its proceeds from the $30 million offering will allow the firm to invest in its proprietary technology platform, make new contract acquisitions and to grow its operations organically, as well as add new employees to support its triple-digit growth.
Dennis Irvin, former CEO of Rockefeller Group Investment Management and a Board Advisor to Allegiancy, said investors benefit from Allegiancy’s focus on disruptive technology and transforming the industry. “The radical specialization of this company stands out and I am very enthusiastic about the results their expertise, leveraged by technology, delivers for investors,” Irvin said.
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.
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/
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.
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