XY Findables Invites Users To Invest Following Equity Campaign Raising $2 Million In Indications Of Interest
Company Leverages New Financing Rules to Allow Current and Future Customers to Own a Part of Their Company
SAN DIEGO, Oct. 18, 2016 /PRNewswire/ -- XY Findables™ announced the launch of the live offering phase of their equity crowdfunding campaign, allowing both accredited and nonaccredited investors the opportunity to invest in the company. In particular, XY Findables is inviting their users to take part in the campaign and become an owner-user, joining the company in their goal to capture a portion of the projected $4 billion nearables and $25 billion wearables markets with their unique line of item finders.
Similar technologies and products are gaining market share. In 2015, wearable devices represented a substantial market of over $15 billion, whereas the nearables market stood just above the $200 million mark. By 2019, CCS Insight estimates that the wearables market will explode to over $25 billion, while the nearables market is expected to surpass $4 billion over the same period. As these markets continue to evolve, XY Findables aims to aggressively define the growing Findables market with their complete line of item-finding devices that make everything users own Findable.
Customers who choose to join the company in their goal of converting the $2 million in reservations XY received during their Testing the Waters (TTW) period will have the opportunity to become early shareholders in the company's growing product line of devices, including the following products in development: the XY GPS, equipped with TrueGPS™ technology and all the unique features of all XY™ Finders; the XY EDGE, a sleek, card shaped finder, designed for items like wallets and will have twice the battery life of its competitors; and the XY NEAR, a finder that will utilize NFC technology with QR codes on multi-purpose stickers, easily manufactured for mass production and frequent use.
Individuals interested in learning more about XY Findables' Regulation A+ equity crowdfunding opportunity can visit xyfindables.com.
SEC Disclaimer
AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. IT DOES NOT MEAN THAT THE SEC HAS APPROVED, PASSED UPON THE MERITS OR PASSED UPON THE ACCURACY OR COMPLETENESS OF THE INFORMATION IN THE OFFERING STATEMENT. YOU MAY OBTAIN A COPY OF THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT FROM https://goo.gl/oMt3JT.
YOU SHOULD READ THE OFFERING CIRCULAR BEFORE MAKING ANY INVESTMENT.
About XY Findables
XY Findables, a revenue generating smart technology product company, is one of the first private companies actively pursuing capital through Regulation A+. XY Findables has sold over 100,000 units and continues to generate record online sales month over month. As the company continues to define the intersection between wearables and nearables, XY Findables, through equity crowdfunding, is giving users and fans a bigger voice in the future of Findables. To find out more to go to xyfindables.com.
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SOURCE XY Findables
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