DotGreen Community, Inc. Retains JOBS Act and Crowdfunding Expert Kendall Almerico for $3.5 Million Regulation D 506(c) Private Placement for Accredited Investors and Upcoming Regulation A+ Crowdfunding Filing
LARKSPUR, CA–(Marketwired – Jan 26, 2016) – DotGreen Community, Inc., the company behind the new .GREEN top level domain name, part of the largest expansion of the Internet ever, announced today the launch of an Internet capital raising campaign to raise $3.5 million. The first offering, a Regulation D 506(c) Private Placement solely for accredited investors, provides an early-stage opportunity of common shares with voting rights for accredited investors looking to own an equity stake in the green economy and green movement. A Regulation A+ “equity crowdfunding” filing is scheduled for early 2016. The Company will use the proceeds to fund its rapid global growth.
With exclusive global rights to the sales and renewals of the .GREEN domain name, DotGreen provides an online platform where companies can consolidate and showcase their green initiatives and connect with the growing, more values-driven consumer base. Investment in the green economy is expected to reach $10 trillion by 2020.
The Regulation D, Rule 506(c) offering, available to accredited investors only, beginning on January 26th, 2016 at RegD.green, takes advantage of the JOBS Act-mandated easing of restrictions of Regulation D filings.
“.GREEN is positioned to take its place alongside .com, .net and .org as one of the most recognized domain names globally and the world’s first and only Internet platform for the global green movement,” noted DotGreen Community CEO, Jeremy Coon. “Our mission is to build a powerful, all-inclusive voice, and crowdfunding is a democratization of early stage investment opportunities and a way for everyone to participate and own an equity stake in the rapidly growing green marketplace.” Also a DotGreen Co-founder, Coon participated in the first $5 million raised by the Company from private individuals. He has committed to the purchase of additional shares through the Regulation D offering.
Since March, 2015, when .GREEN domain names became available, businesses ranging in size from start-ups to General Motors, along with individuals and NGOs have acquired their .GREEN names.
DotGreen has retained JOBS Act expert and the leading crowdfunding attorney in the country, Kendall Almerico, to oversee both its Regulation D, Rule 506(c) offering and the Regulation A+ filings.
DotGreen will list its offerings at BankRoll Ventures, a website that allows startup and emerging companies to raise millions in new capital from “the crowd” online. “The JOBS Act removed barriers for both companies looking to raise money and investors looking for early stage opportunities, and we are very pleased to have the opportunity to connect investors with the DotGreen opportunity on BankRoll,” said Tess Hottenroth, Co-founder of BankRoll Ventures.
DotGreen Community, Inc., with roots in the Northern California environmental movement and Silicon Valley innovation and based in the San Francisco Bay Area, was founded in 2011 to support the green movement. DotGreen Community, Inc. manages and markets the new domain address, .green and donates a percentage of sales to organizations supporting sustainability around the world. Visit www.going.green for more information. Follow on Twitter @DotGreenTLD and Facebook at DotGreen Community, Inc.
About Kendall Almerico
Kendall Almerico was the top ranked practicing attorney on VentureBeat’s list of the 20 most influential crowdfunding thought leaders in the world. Kendall practices law with DiMuro Ginsberg firm in the Washington DC area.
About BankRoll Ventures
BankRoll (http://www.BankRoll.Ventures) is the premier Regulation A+ and Mini-IPO website that assists companies with raising millions of dollars using new JOBS Act laws. BankRoll is operated by BankRoll Ventures, LLC, which is not a registered broker-dealer, and does not give investment advice.