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$DATI is a specialized tech accelerator focused primarily on expediting capital formation by providing angel and early-stage investors access to liquidity, faster. As part of DATI’s Invest+ program, the Public Accelerator-Incubator has purchased a 19.9% equity stake in truCrowd which will vest over 6 months, with an option to acquire an additional 19.99%. DATI will also provide capital formation services to the Company through its Angels+ program. The deal was made with the anticipation (by both managements) that truCrowd, being 1 of only 38 Reg. CF portals currently registered with FINRA, would be able to better leverage management’s long-standing experience in the crowdfunding space, along with the portal’s current success in meeting client’s/issuer’s capital targets, if a strategic partner could assist with financing, deal flow, business development and execution.

https://finance.yahoo.com/news/trucrowd-inc-sells-stake-public-093000777.html