Common use of Business Overview Clause in Contracts

Business Overview. Legion is a company that builds, grows and acquires operating business units in designated high growth industries. Legion was founded on the principles of direct to market capital formation under the new federal JOBS Act legislation recently passed by Congress. The JOBS Act and related rules, including the new crowdfunding rules, allow companies to raise capital through direct investor solicitation using the internet, social media and other direct to market means. We currently own and operate multiple operating subsidiaries, including Legion Funding, LLC, Legion Management Group, LLC, Legion Marketing, LLC and Hilton Institute of Business, LLC. Legion will deploy its vast experience in technology, direct marketing and data management to build one of the most prolific direct funding platforms in the industry, through which it will build and finance portfolio companies utilizing such means as Crowdfunding, Reg A+ (Mini-IPO) offerings and other similar means of accessing growth capital, driving business acceleration and ultimately creating liquidity for Legion and its shareholders.

Appears in 2 contracts

Sources: Subscription Agreement (Legion Capital Corp), Subscription Agreement (Legion Capital Corp)