Company Announces Security Token Offering Two Years After Reg A+ IPO
In April 2016, Elio was the first company to raise capital online and go public on OTCQX under the JOBS Act Regulation A+. In the initial months following its IPO, ELIO traded at about $20 per share but has lately traded in the $3 per share range. Crowd investors during the Reg A+ round purchased shares for $12 per share. Elio
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