EthicStream Inc., a climate technology company based in Greenwich, CT, has officially launched its Regulation A+ offering, allowing individuals to invest in the fast-growing carbon credit market. The announcement follows the qualification of the Company’s registration statement by the U.S. Securities and Exchange Commission (SEC). EthicStream aims to leverage its network and industry expertise to support developers of carbon offset projects and emitters seeking to balance their emissions.
CEO Joshua Soloway expressed enthusiasm about the opportunity for individual investors, stating, “Reg A enables us to offer individual investors a rare opportunity to invest in the carbon credit sector through EthicStream.” The company’s experienced team has direct access to high-quality carbon credits, making it an exciting prospect for investors to participate in the booming carbon markets.
This marks the first time that EthicStream shares will be available to the public. Regulation A offerings allow private companies to raise up to $75 million from the public, providing an alternative to traditional initial public offerings (IPOs) and allowing companies to offer shares directly to the general public, not just accredited investors. EthicStream aims to raise $10 million at $10.00 per share during this capital raise.
The Company has enlisted the services of DealMaker Securities LLC, a registered broker-dealer with the SEC and a member of the Financial Industry Regulatory Authority (FINRA), to perform administrative and compliance-related functions for this offering. The offering will be facilitated through the Dealmaker.tech platform, a state-of-the-art platform ensuring secure and private transactions for investors.
Rebecca Kacaba, Co-Founder & CEO of DealMaker, expressed excitement about the opportunity for retail investors to participate in environmental initiatives pre-IPO, stating, “These types of opportunities are typically reserved exclusively for insiders and institutional investors only. Another example of how DealMaker is democratizing the capital markets.”
EthicStream’s business model involves providing efficient capital to developers of carbon offset projects through structured purchase agreements. These agreements entitle EthicStream to purchase premium carbon credits at discounts of up to 30%. To finance a project, it must pass a stringent vetting process to ensure the highest standard and most trusted carbon credits in the industry.
The company recently entered into a letter of intent with CarbonEthic Group to acquire 10% of the carbon credits produced by CarbonEthic’s flagship project at a discount of up to 30%. This project is expected to produce up to 16 million credits starting in 2024, while also providing significant community benefits to CarbonEthic’s indigenous partners. It is currently considered one of the largest forest-based carbon offset projects in the Western Hemisphere.
EthicStream also collaborates with leading brands to help them achieve net-zero emissions. The company offers an end-to-end solution for ESG officers and brands seeking compliance market credits and voluntary offsets on registries such as Verra VCS, American Carbon Registry (ACR), Climate Action Reserve, and Gold Standards. EthicStream provides consultation, offset acquisition, and a desktop and smartphone application that allows clients to track results and share their impact. The company aims to provide clients with a clear snapshot of their credits’ performance, enabling emitters to demonstrate their commitment to balancing emissions and advancing sustainable development goals.
With its mission to make the role of ESG officers easier and more effective, EthicStream aims to deliver sustainability solutions that go beyond mere box-checking. Leading brands increasingly seek tangible proof and reliable results, and EthicStream is ready to meet those demands.
For those interested in investing and learning more about EthicStream, an Investment Information Package is available on the official Offering Page at www.ethicstream.co.