Halagard - How it Works
At a macro level Halagard is private marketplace where businesses needing capital connect with investors.
- Business owners exchange equity for capital
- Investors exchange capital for ownership in businesses
An overview of how the process works
Video how it works
The Halagard experience begins with everyone creating a profile.
- Companies & OZ projects us tell about their business and capital needs
- Investors & funds define their investment criteria and interest
Companies then go through a screening and underwriting processes. Successful candidates move into Connect-In, our technology for matching companies & investors. Once a match has been made with 1 or more investors we begin the due diligence and the process of creating the deal paperwork. Once the deal paperwork is done capital is exchanged for equity ownership in the business.
To be both time & cost efficient Halagard has built a vertically-integrated securities ecosystem, which has 3 key elements:
- Standardized processes & documentation, resulting in lower cost for everyone
- Middlemen & their fees don't exist
- Technology used to create speed, efficiency and better connections
Our marketplace follows all US Regulation. We are a private marketplace, leveraging SEC Regulation D 506 (c), which allows us to provide our services at a much reduced rate to public marketplaces. A public marketplace such as NYSE or NASDAQ have very stringent rules and regulations, which means high cost.
Examples of middlemen and public market cost we have removed:
- In-depth site visits;
- Road Shows;
- Offer Creation;
- IPO pricing;
- IPO placement;
- SEC registration;
- Sarbanes Oxley act
- Exchange to trade shares;
- Transfer Agent;
- DTCC to track ownership; and
- Custodial bank
Company & Project Owners
Phase 1: Company & project owners are invited to use an online calculator that compares different capital options (a loan or Digital IPO). The calculator will tell the business owner if they may be a good candidate for a Halagard Digital IPO.
Phase 2: Company & project owners will complete a short online application providing basic information about their company. We will perform a background review of the material and in a matter of minutes let the company & project owner know if they are a potential Digital IPO client or not.
Phase 3: Our team will ask the company & project owner to provide a broader set of information and financials. We will begin an in-depth review of the company & project and scoring.
Phase 4: Investment grade companies complete the collection of information needed for a private offering (PPM) creation. Legal and accounting work begins.
Phase 5: Once the offering is created and published on our site, Halagard will begin the process of notifying investors of the opportunity and gauging interest. We set a date for investors to submit questions and the date for bidding on the initial price per share.
Phase 6: Investors will set the initial price via a patent-pending process, and then the actual Digital IPO will be executed. Capital will flow to the business and shares of the company are given to Investors.
Phase 7: The shares will age for one year before they can be traded in the Halagard Marketplace.
You will go through a process to confirm you are an Accredited Investor. Once approved you will be able to access the Halagard Investor Portal
Inside the Investor Portal you will be able to review your holdings, current value of your portfolio, trends, news, trade history of company x, buy / sell shares, etc.
Additionally, you can research companies that have a target Digital IPO date set or actively trading. In this search panel you can set the criteria that is important to you (e.g. geography, earnings, industry etc.)
If the company is actively trading, you will place an order.
If the company is pre-IPO you can decide if you want to participate in setting the price per share (limited access) or if you want to wait until the price is set. Those who want to help set the price will have access to a portion of the shares for pre-sale.
Securities are stored on our private system. When a user logins to Halagard, they will be able to view their assets just as they do with other brokerage accounts.