Terms of Use

By using Climbing Business Journal’s Marketplace, you agree to the Terms of Use contained in this document. If you do not want to be bound by the Terms of Use, you may not use the Marketplace.

Securities Act
In the United States, the Securities and Exchange Commission (SEC) regulates the sale of equity or debt, known as Securities, to raise capital for a business venture. The Securities Act of 1933 generally requires a company offering and selling securities to file a registration statement containing information about itself and the securities it is offering. In some circumstances, the Securities Act permits the sale of securities to occur without SEC registration.

General Solicitation
General solicitation means to publicly advertise an investment opportunity in a private company. In 2013 congress passed Title II of the JOBS Act, which for the first time allowed companies to offer securities through public solicitations and advertising. However, under Regulation D of the Securities Act any securities offered through a general solicitation must be purchased by Accredited Investors and follow other rules.

No Representations or Warranties
By using the CBJ Marketplace you acknowledge and agree that Climbing Business Journal does not provide any representation, warranty or assurance that an investment offering on the Marketplace is made in accordance with securities law. Furthermore, you understand and agree that you will be solely responsible for complying with all applicable law regarding any transaction in which you may engage, including without limitation the determination of whether any investor is an Accredited Investor and whether any investment complies with state and federal law.