A Central Ohio startup has launched a $75 million offering through which everyday investors can buy fractional shares in the $1.2 trillion short-term rental market.
That’s a very tiny fraction: The minimum investment is $1,000.
Dublin-based reAlpha Asset Management Inc. is selling shares to the public at $10 apiece, but will not be trading on a stock exchange. It’s made possible under Regulation A of the 2012 Jobs Act.
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Story excerpt provided by Columbus Inno.
Written by Carrie Ghose.
Originally published October 4, 2021.