Case Studies

GenFlat

GenFlat spent several years engineering and patenting their innovative and award-winning collapsible shipping container. By committing to a direct listing, the company was able to raise $3.2 million in a 'pre-listing' private placement. The company went public in December 2023.

Onfolio

Onfolio had about $250k in revenue when they engaged. They committed to a direct listing, raised $4.5 million through the issuance of common and preferred shares, used the proceeds to make several acquisitions and cover the cost of a public listing, pivoted to going public by traditional IPO on NASDAQ, raised $13.7 million, increased revenue 21-fold.

SMTP

SMTP had about $1.5 million in revenue and $75,000 in profit when they engaged. The entrepreneur raised $100,000 from friends & family at a $3.5 million valuation to qualify for trading. The company went public, acquired three startups using a combination of cash, stock and options, then uplisted to NASDAQ, raised $15+ million, and was subsequently acquired for $240 million in cash.

Maxim

Maxim Mortgage raised about $400,000 in a seed round to start their business and cover the costs of going public. During the first full year of operations, the company used stock and options to recruit 120+ people, close $80 million in transaction volume and generate $2.3 million in revenue. The mortgage operations were ultimately merged into a NYSE listed company and the public entity entered into a transaction with a private equity firm, raised $30 million and closed a large acquisition.