Alaric Corporation - Ticker HALB formerly Halberd/Tykhe Corporation
Alaric Corporation (Alaric) is a public company that currently trades on the OTC Markets Pink:
Alaric is a Colorado Corporation.
Alaric’s current business model is that of a Holding Company and incubator for high growth businesses.
Alaric will operate similar to a Business Development Company (BDC) which are similar to venture capital or private equity funds since they provide investors with a way to invest in small companies and participate in the sale of those investments. Alaric Corporation will allow anyone who purchases a share in the open market to participate in the sale of the fund investments.
Alaric Corporation seeks candidates with sales of up to $10,000,000 to acquire.
Alaric is starting the process of becoming a fully reporting public company.
Alaric will offer and sell $50,000,000 worth of securities annually under Regulation A Plus, when it is fully reporting, to finance growth businesses.
The process of being audited and registering shares will take about 3 to 6 months.
There are a number of benefits to registering securities under Regulation A Plus:
· Reg A Plus is an exemption to the normal registration process for securities which speeds up the process of raising capital.
· Sec reporting is easier to comply with.
· Public solicitation is allowed to non-accredited investors.