Casper Company Offers First WIN Investment
(Gillette, Wyo.) Following a recent announcement from Wyoming Secretary of State Ed Buchanan, McGinley Orthopedics in Casper has become the first business to become part of a revolutionary program.
Dr. Joseph McGinley, CEO of McGinley Orthopedics, joined Buchanan yesterday to announce the good news.
It’s called the Wyoming Invests Now (WIN) program, and it is designed to provide those Wyoming companies seeking new sources of capital with a means of connecting with new investors and for potential investors to learn about and make the choice to invest in the companies, Buchanan said.
“A WIN offering opens the door for businesses to raise capital from investors through equity crowdfunding — a type of investment offering that was unavailable before WIN,” Buchanan stated in a press release. “This initiative will help innovative Wyoming companies acquire new capital.”
According to Buchanan’s office, traditional crowdfunding raises money from a number of residents to begin their startups or various projects.
Created in 2016 through legislation pushed by the Secretary of State’s office, WIN opened up crowdfunding as a means to acquire capital in the state. Now, crowdfunding platforms are able to offer investments and monetary returns.
“I am proud to say the latest in advanced orthopedic technology is made in Wyoming and even more proud to know that a Wyoming program like WIN will help us continue to provide the highest quality care to patients across the country through our products,” said McGinley.
To learn more about WIN, please click here.