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    cleantech investing

    SolarWindow Technologies Launches Direct-to-Investors Capital Raise

    Written by Morag Mcgreevey
    |
    Feb. 23, 2016 07:28AM PST

    SolarWindow Technologies, Inc. (OTCQB:WNDW) has launched a direct-to-investors capital raise using the Securities and Exchange Commission’s (SEC) recently enacted Rule 506(c).

    SolarWindow Technologies, Inc. (OTCQB:WNDW) has launched a direct-to-investors capital raise using the Securities and Exchange Commission’s (SEC) recently enacted Rule 506(c).
    According to the press release:

    The SEC ratified Rule 506(c) as a direct result of the Jumpstart Our Business Startups Act, which was signed into law in April 2012, and is intended to encourage funding of U.S. businesses. Prior to Rule 506(c), smaller companies were frequently forced to rely on venture capitalists and investment bankers to locate investors in order to raise capital. By using Rule 506(c) for its current offering, the company is proud to bring this opportunity directly to the investing public.
    “Late last year, we publicly demonstrated our working SolarWindow™ generating electricity from both sunlight and indoor light, for the first time ever,” said John A. Conklin, President and CEO, SolarWindow Technologies, Inc. “At that time, we committed to pursue new and innovative methods for raising capital and rewarding our stockholders in our bid to move SolarWindow™ towards commercialization – this offering is our early fulfillment of that promise. Best of all, every dollar raised will assist us in moving our breakthrough SolarWindow™ technology closer to our commercial goals.”

    Click here to read the full press release.


     
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