Third IPO Using Regulation A+ Lists on Senior US Exchange
Today, ShiftPixy, Inc., (NASDAQ: PIXY) began trading on the NASDAQ after completing a $12 million Reg A+.
ShiftPixy is a disruptive human capital management (HCM) services provider, revolutionizing employment in the Gig Economy by delivering a next-gen platform for workforce management that helps shift-based employers navigate regulatory mandates, minimize administrative burdens, and connects them with a ready-for-hire workforce.
ShiftPixy is the 3rd Reg A+ IPO to list on a senior exchange. The first Reg A+ IPO was completed by Myomo, listing on the NYSE Mkt earlier this month, followed by ADOMONI listing on the NASDAQ a few days later.
ShiftPixy successfully raised $12 Million through the sale of 2,000,000 of its shares to the public at $6.00 per share. WR Hambrecht + Co, acted as representative underwriter for the initial public offering for ShiftPixy.
An article about the ShiftPixy IPO on Forbes.com declare that “These three IPOs demonstrate that Reg A+ is a viable method by which to take small-cap companies public.“
Learn more HERE.
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