Ain’t No Stopping Us Now

This week, Climatize announced FINRA acceptance. This is a huge BFD.

“April 1st was 1 year in the regulatory process so it’s been quite a hurdle” explained an elated Will Wiseman, Co-founder of Climatize. “Practically my 3rd graduate degree this time in law & compliance”.

“We have 3 solar projects lined up that are providing power for a Shakespeare theatre, a synagogue and a low-income community. Now that Climatize has been accepted by FINRA, and registered as a member with them and the SEC, Climatize can make these investment opportunities public & be fully open for business in time for Earth Day where this year’s theme is Investing in Climate.”

“The regulatory review & approval was a daunting process. Thanks to the persistence of our incredible team, the combined legal, regulatory & capital markets expertise of Morrison & Foerster, ACA Global & Patten Training - we did it.

“I'd like to extend a special thank you to everyone who has played a role in helping us reach this point; it takes a village and every contribution big or small has been essential to reaching today's achievement.”

And so begins a new chapter in the Climatize journey: investments! 💸

About Climatize

In May 2021, Will Wiseman and Alba Forns, co-founders of the financial technology startup, Climatize, took a bold leap and moved their startup from the EU to the United States. After arriving in Santa Cruz, Climatize joined the 4th cohort of Santa Cruz Accelerates which has helped them subsidize a coworking space, made valuable business connections, and secured $460,000 from the New York State Energy Research & Develop Authority, Responsibly Ventures, Central Coast Angels, and the Co-Founder of GoFundMe.

About FINRA

FINRA stands for the Financial Industry Regulatory Authority, which is a not-for-profit organization that regulates the securities industry in the United States. It was created in 2007 as a result of the consolidation of the National Association of Securities Dealers (NASD) and the regulatory functions of the New York Stock Exchange (NYSE).

FINRA is responsible for overseeing and regulating brokerage firms, stockbrokers, and other financial institutions operating in the U.S. It sets rules and regulations to ensure the integrity of the securities market and protect investors by enforcing compliance with these rules. FINRA also administers licensing exams for individuals seeking to become registered representatives or investment advisors in the securities industry.

Safe Harbor

[Funding Portal is permitted to] Advertise the existence of the funding portal and identify one or more issuers or offerings available on the portal on the basis of objective criteria, as long as:

(i) The criteria are reasonably designed to identify a broad selection of issuers offering securities through the funding portal's platform, and are applied consistently to all potential issuers and offerings;

(ii) The criteria may include, among other things, the type of securities being offered (for example, common stock, preferred stock or debt securities); the geographic location of the issuer; the industry or business segment of the issuer; the expressed interest by investors, as measured by number or amount of investment commitments made, progress in meeting the issuer's target offering amount or, if applicable, the maximum offering amount; and the minimum or maximum investment amount; and

(iii) The funding portal does not receive special or additional compensation for identifying the issuer or offering in this manner.