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Shaheennews – ASHLAND, [ AETOS Wire ]<\/span><\/p>\n <\/p>\n Braidy Industries, Inc. (“Braidy”) announced today that it has commenced a common stock offering to raise up to $400 million. The offering is primarily directed at institutional investors, but a portion of the offering has been reserved for Main Street investors under the SEC’s CF rules adopted under the JOBS Act. In connection with the offering, Braidy will launch its investor “road show” for “accredited” investors on September 25th in New York.<\/span><\/p>\n The offering provides interested parties the opportunity to purchase Braidy Industries’ common stock for $18 per share. Braidy is offering $1,070,000 in common stock, the maximum allowed under a Regulation CF offering, and $400,000,000 in common stock in its parallel Rule 506(c) offering available to accredited investors only. The offering is expected to be held open for a six-week period. To read about the Braidy opportunity and purchase its common stock, visit the website of Netcapital’s crowdfunding portal at www.netcapital.com\/companies\/braidy.<\/span><\/p>\n Equity investments in private placements are speculative and involve a high degree of risk, and those investors who cannot afford to lose their investment should not invest. Investors should not make any investment decision without carefully reviewing the materials on Netcapital’s website.<\/span><\/p>\n About Braidy Industries:<\/span><\/p>\n Braidy Industries is a future-leaning advanced manufacturer of metals for the global transportation and defense industries. The company’s first project, the Phase I construction of a greenfield aluminum rolling mill at EastPark Industrial Center in Ashland, Kentucky, will position the company as the low-cost provider of 300,000 annual tons of production-ready series 5000 and 6000 aluminum sheet for the automotive industry. Braidy’s Veloxint subsidiary is an MIT-incubated light weighting solutions company that is manufacturing parts with a novel nanocrystalline technology. Braidy’s newest subsidiary, acquired on September 18, 2018, is NanoAL, a world leader in the science of nanocrystaline technology applied to sheet aluminum.<\/span><\/p>\n About Netcapital Funding Portal, Inc.:<\/span><\/p>\n Netcapital Funding Portal, Inc. (“Netcapital”) is registered with the SEC as a funding portal and is a member of the Financial Industry Regulatory Authority, Inc. (FINRA). All Regulation CF offerings are conducted through Netcapital. Netcapital does not give investment advice, endorsement, analysis or recommendations with respect to any securities. For inquiries related to Regulation CF securities activity, contact Netcapital Funding Portal Inc.: hello@netcapital.com.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" Shaheennews – ASHLAND, [ AETOS Wire ] Braidy Industries, Inc. (“Braidy”) announced today that it has commenced a common stock offering to raise up to $400 million. The offering is primarily directed at institutional investors, but a portion of the offering has been reserved for Main Street investors under the SEC’s CF …<\/p>\n","protected":false},"author":1,"featured_media":1747,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-1749","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"yoast_head":"\n