Avatar Airlines has announced its intention to release a private stock offering to qualified investors, providing an opportunity to invest in the company before it goes public, the company said.
Avatar´s first investor presentation will be held in Las Vegas on Saturday, July 9, 2016 at 9:00 a.m. for FINRA broker/dealers, followed by three additional presentations later that day for accredited and institutional investors.
The offer is made pursuant to SEC Rule 506(c) in Regulation D offerings and is available to accredited investors only, with a minimum investment of USD75,000.
Avatar Airlines is a large start-up airlines that is privately held. The company intends to operate ultra-low fare flights on Boeing 747-400 aircraft between the largest high density markets within the Continental US and Hawaii.