PogoTec shares available to retail investors
PogoTec Inc. announced that the Securities and Exchange commission qualified its Regulation A+ Initial Public Offering of up to $32 million.
As stated in the press release from PogoTec, a company dedicated to electronic wearable devices, retail investors can purchase equity in PogoTec, effective immediately, although the company is waiting for approval of the NASDAQ Capital Market application,
PogoTec began selling PogoCam, a small, lightweight eye wear camera, in November 2017. The PogoCam can attach to nearly any eye wear with the PogoTrack or PogoLoop, according to the company.
The PogoTrack is an embedded metal track in the temple arm of licensed PogoTrack eye wear, while the PogoLoop is a universal adapter that allows the PogoCam to magnetically attach to any eye wear.
The company stated in the press release that it has licensed PogoTrack to three global frame manufacturers: ClearVision Optical, FGX International and Argus Vision.
“PogoTec plans to be a leader in lifestyle technology solutions enhancing people’s lives while preserving consumer style preferences, and going public will help fuel our growth,” Joshua Schoenbart, chief commercial officer of PogoTec, said in the release.