IRVINE, California,
June 21, 2017 /PRNewswire/ --
ShiftPixy, Inc., (NASDAQ: PIXY) ('ShiftPixy'), a Wyoming corporation, announced today that it
plans to conclude in the near future its IPO on Form 1-A for the
offer and sale of shares of its common stock, the successful
closing of which will qualify the Company for listing on The Nasdaq
Capital Market. The offering is filed under the Securities &
Exchange Commission's Regulation A+ framework, which is open to
both accredited and unaccredited investors.
WR Hambrecht + Co. is acting as representative underwriter for
the initial public offering for ShiftPixy. For more information,
visit
https://wrhambrecht.com/ipos/shiftpixy-inc-regulation-a-ipo-2017/.
ShiftPixy Co-Founder and CEO, Scott
Absher, stated that, "We are excited to have completed our
investor roadshow. The SEC has advised us that they have no further
comments on our filing, meaning we can request qualification when
we want. We continue to wrap up our selling efforts, and we hope to
conclude the offering this week."
About ShiftPixy
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 businesses navigate regulatory mandates, minimize
administrative burdens, and connect them with a ready-for-hire
workforce. With expertise rooted in management's nearly 25 years of
experience with workers' compensation and compliance programs,
ShiftPixy adds a needed layer for addressing compliance and
continued demands for equitable employment practices in the growing
Gig Economy. ShiftPixy's complete HCM ecosystem manages regulatory
requirements and compliance with regard to paid time off (PTO)
laws, insurance and workers' compensation, minimum wage increases,
and the Affordable Care Act (ACA) as well as other applicable
employment related laws and regulations.
About WR Hambrecht + Co
WR Hambrecht + Co has been focused on opening the investing
world to as many people as possible at fair market prices and was
instrumental in reforming Regulation A to help accomplish that for
growth companies and investors. Its Regulation A+ strategy is a
continuation of the Hambrecht legacy of conducting small public
offerings for what were once considered high-risk start-ups that
are now household names and Fortune 500 companies.
Legal Disclaimer
No money or consideration is being solicited by the information
in this press release or any other communication and, if sent,
money will not be accepted and will be promptly returned. No offer
by a potential investor to buy our securities can be accepted and,
if made, any such offer can be withdrawn before qualification of
this offering by the SEC. A potential investor's indication of
interest does not create a commitment to purchase the securities we
are offering. Any such indication of interest may be withdrawn or
revoked, without obligation or commitment of any kind, at any time
before notice of its acceptance is given and all other requirements
to accept an investment from a potential investor are met after the
offering qualification date.
The offering, after qualification by the SEC, will be made only
by means of the Offering Circular. Any information in this press
release or any other communication shall not constitute an offer to
sell or the solicitation of an offer to buy, nor shall there be any
sale of these securities in any state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to
qualification for sale as provided in Regulation A+ in any such
state or jurisdiction. The Offering Circular can be found here:
https://www.sec.gov/Archives/edgar/data/1675634/000147793217002404/pixy_1apos.htm
Contact:
Clark
Wilson
+1-888-798-9100 x 132
clark.wilson@shiftpixy.com
SOURCE ShiftPixy, Inc.