We believe in building a better way, and that happens through community. Simply put, our community is why we exist. As a B Corp we also believe in transparency and raising the standards within the fashion industry, and our community support is the backbone of Parker Clay. Thanks to Regulation A+, our entire community can be part of this with us and hold a stake in what we are building at Parker Clay. We also believe in the democratization of finance, and want our customers, partners, and communities to have access to invest, because it's you who have helped us build what Parker Clay is today.
This public investment opportunity gives us an incredible opportunity to expand the voice and reach of Parker Clay and our vision to create economic empowerment through the dignified and ethical employment of women in Ethiopia, allowing us to carry a better bag and at the same time putting the power back in the hands of women who will change the world. Join us as we build the future of fashion.
Before crowdfunding, startups were limited to raising capital through friends and family, accredited investors ($200k+ annual income or $1mm+ net worth), and traditional venture capital rounds. Passed in 2012, the Federal JOBS Act enabled the US for true equity crowdfunding by allowing non-accredited investors to invest in private companies. The SEC has the following major types of crowdfunding, all of which allow for general and online solicitation:
Regulation CF: Companies can raise up to $5MM from unaccredited investors within a 12-month period.*
Regulation D - 506(c): Companies can raise unlimited money from accredited investors*
Regulation A:
Tier 1: Companies can raise up to $20MM from the general public, including institutional investors within a 12-month period.*
Tier 2: Companies can raise up to $75MM from the general public, including institutional investors* within a 12-month period. Non-accredited investors are subject to investment limits dictated by either their net worth or annual income, whichever is greater.
We believe equity crowdfunding represents the democratization of venture investing and we want the general public to have access to invest in Parker Clay.
*You can read more about the JOBS Act on the SEC's website here.
This offering is open to all investors - accredited and non-accredited. If you are a non-accredited investor, please note that you cannot invest more than 10% of the greater of your annual income or net worth.
