BeautyKind announced that the Securities and Exchange Commission qualified its Regulation A+ Initial Public Offering to raise up to $10 million. This means the general public is now allowed to invest to help support the brand's growth. Shares of BeautyKind's common stock are expected to start trading following the termination of the offering.
"Regulation A+ provides a way for individuals to own a piece of BeautyKind directly, in order to help fuel its new ventures and overall brand development," said BeautyKind Founder and CEO, Hil Davis. "We're excited to offer investment opportunities that not only reach our customers, but also a wider audience, and look forward to taking this pivotal next step in the brand's lifecycle."