11/16/2017
Article highlighting first equity crowdfunding campaign launched by truCrowd Illinois for AirChicago.
TRUCROWD ILLINOIS AND AIRCHICAGO JET CARD LAUNCH ILLINOIS BASED EQUITY CROWDFUNDING CAMPAIGN. CAMPAIGN REACHES OVER 40% OF FUNDING REQUEST IN LESS THAN 3 WEEKS.
Chicago, IL, Wednesday, November 16, 2017: truCrowd Illinois and AirChicago Jet Card announced today that they have launched one of the first equity-crowdfunding campaigns for Illinois residents only. truCrowd Illinois is an SEC-approved Investment Portal operating under Regulation Crowdfunding (Title III of the JOBS act). AirChicago Jet Card is a private-jet-travel company based at Chicago Executive Airport in Wheeling, IL that offers, for the first time, the opportunity for Illinois residents to travel on private jets at airline fares.
Exclusive access to AirChicago Flights is through ownership of an AirChicago Jet Card. Investors in AirChicago’s crowdfunding offering receive an AirChicago Founder Jet Card as part of the return on their investment. For every $1,000 invested in AirChicago, investors receive four complementary flights on AirChicago each year for life. They also receive 30 shares of AirChicago stock. Each additional $1,000 investment in AirChicago yields an additional four complementary flights on AirChicago each year for life and 30 shares of AirChicago stock. AirChicago Founder Jet Cardmembers can purchase additional AirChicago flights beyond their four complementary flights each year at airline-coach fares.
AirChicago plans to fly its inaugural flight on January 1, 2018 from Chicago to New York City. Additional routes will be opened to 30 of the most-popular business-and-leisure destinations in the U.S. as quickly as possible. The flights will depart Chicago Executive Airport in the morning and return in the early evening Monday through Friday. The selected routes are the busiest airline-travel routes out of Chicago.
As of November 16, 2017, AirChicago has raised over 40% of its requested funding making it the first intrastate crowdfunding campaign in Illinois to do so.
About AirChicago: The AirChicago private-jet-travel experience starts with booking your flight through an easy-to-use App. AirChicago Jet Cardmembers can arrive at Chicago Executive Airport as little as 15-minutes before departure and enjoy free parking a short walk from their departure gate. There are no TSA hassles, delays, lost bags or bumping associated with travel on AirChicago. Ten-to-fourteen-passenger executive jets are used for the innovative AirChicago private-jet service. Travelers on AirChicago flights enjoy complimentary beverages and meals that are served by two friendly and helpful flight attendants. The flights are flown by pilots that meet or exceed FAA standards. When they arrive at their destinations, AirChicago travelers will find their ground transportation and bags waiting for them when they get off the airplane. On average, AirChicago Jet Cardmembers save over 3 hours on each one-way flight. This makes one-day business trips a reality again.
About truCrowd Illinois: The first registered Equity Intrastate Crowdfunding Platform in Illinois, TruCrowd Illinois focuses on providing equity financing opportunities to Illinois business owners and investment/wealth building opportunities to Illinois residents. Located in the heart of the financial district of downtown Chicago, truCrowd is an equity crowdfunding portal operating under Regulation Crowdfunding (Title III of JOBS ACT) and connects startups and emerging businesses with non-accredited and accredited investors. Built on the belief that not all businesses and investors are alike, we pride ourselves on delivering a personalized and professional funding experience through industry-leading technology. Our truCrowd team consists of ordinary people with extraordinary passion and experience. We have all dedicated ourselves to making truCrowd the most user-friendly equity crowdfunding portal for funding your startup or investing in startups. Our collective talent in finance, marketing, content and design form a powerful team committed to achieving and maintaining the #1 equity crowdfunding portal in America.
