London, October 11th, 2016 – the Social Stock Exchange – the UK’s market for impact – has today announced that Seastar Ocean has been approved as a member following the ratification of its impact report by the independent Admissions Panel.
SeaStar Ocean’s “Rain [in a box] WaterMaker” is a new water treatment system that leverages Nature’s Water Cycle to convert unsafe, undrinkable water as found in estuaries, swamps, stagnant pools, polluted rivers and even oceans into clean, safe drinking water for people.
The Social Stock Exchange enables its accredited impact issuers to raise capital or undertake primary or secondary listings of debt or equity instruments.
About the Social Stock Exchange
The Social Stock Exchange provides access to the world’s first regulated exchange dedicated to businesses and investors seeking to achieve a positive social and environmental impact through their activities. The aim of the exchange is to help these businesses connect with investors and unlock capital at scale. All issuer member companies must meet a rigorous set of criteria before joining, including the publication of an Impact Report.
Approved membership of the Social Stock Exchange stands at 41 firms with a combined value of over £2.3bn.
In January 2015, the Social Stock Exchange and ICAP Securities & Derivatives Exchange Limited (“NEX”) launched the Social Stock Exchange branded market segment for impact businesses.
The Social Stock Exchange Ltd (FRN: 625231) is an appointed representative of Kession Capital Limited (FRN: 582160) which is authorised and regulated by the Financial Conduct Authority (“FCA”) in the UK.
NEX is a Recognised Investment Exchange operating a regulated market and a growth market and provides a secondary market trading facility. NEX is supervised by the FCA.
For more information please contact:
T: +44 7973 284 749
Social Stock Exchange
T: +44 (0) 203 608 8056
William J Kommers