TORONTO, ON–(Marketwired – March 17, 2016) – KoreConX, an online tool that makes it easier for companies to access capital and manage and communicate with their shareholders, has recently been featured in the R.A.B.B.I.T. Report. R.A.B.B.I.T. refers to Real Actual Business Building Interesting Tech, and KoreConX was named one by Crowdfund Capital Advisors, joining other RABBITs iDisclose, cumplo.com, and 4thway, which were also named in the report.
According to Crowdfund Capital Advisors, the R.A.B.B.I.T. Report includes companies that are “striving to alleviate some of the problems for private (and public) companies, boards of directors, lawyers, auditors and investors. It’s an example of how tech that is created initially for the crowdfunding industry, can be utilized by other parts of the private capital markets.”
Business Insider called 2016 “The Year of the Rabbit” and Crowdfund Beat said 2015 was “The Year of Equity Crowdfunding” and KoreConX is proud to be recognized as an influencer in equity crowdfunding and private markets as well. Launched in November of 2015, KoreConX was built to disrupt the market by helping companies navigate the equity funding process, while simplifying shareholder communication to reduce risk.
Companies that have stayed on the sidelines because of the challenging and detailed process of equity crowdfunding can move forward with confidence that they will be in compliance with all steps in the process, while utilizing KoreConX’s free platform.
The integrated tools and services platform, available at www.koreconx.com, saves companies time and helps reduce legal fees by having all the required corporate documents proactively organized, while allowing organizations to efficiently manage corporate records. KoreConX makes onboarding and deal flow screening for equity crowdfunding portals much easier while ensuring issuers are prepared for due diligence, reporting regularly and managing shareholders properly.
Regarding the problems KoreConX addresses, the report stated:
“If you’ve ever been through due diligence for any kind of business transaction, you know all the work that goes into assembling these documents. It can be cumbersome for the company, investors and also the intermediary facilitating the transaction. This is necessary for an audit, financing, M&A, or IPO. In addition, communicating with your investors and completing the voting process in a fast growing complex company, intensifies the administrative challenges.”
Press Assets and Product Images: https://bit.ly/20gExC7
KoreConX is a free all-in-one solution that helps companies navigate the process of raising equity capital, and simplifies shareholder communications to reduce risk. The KoreConX eco-system empowers stakeholders (regulated crowdfunding portals, shareholders, board directors, CEO, CFO, corporate secretary, lawyers, auditors, investor relations, members and 3rd party providers) to manage corporate information from a Single Point of Entry within a secure, hosted application that results in efficient and transparent corporate governance. More information is available at www.koreconx.com.