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Press Release

iPic® Entertainment To List On Nasdaq for Initial Public Offering

January 14, 2018

iPic® Entertainment To List On Nasdaq for Initial Public Offering via JOBS Act Regulation A+                      

         Shares of Premium Entertainment Experience Will Soon Be Available for Trading        

BOCA RATON, Fla., Dec. 27, 2017 /PRNewswire/ -- iPic® Entertainment Inc. ("iPic" or the "Company"), today announces it has selected the Nasdaq Stock Market for the listing of its upcoming $40 million Regulation A+ Initial Public Offering (IPO), subject to eligibility requirements. The Company has filed an Offering Statement on Form 1-A with the Securities and Exchange Commission (SEC) relating to the proposed IPO of its common stock under the recently amended provisions of Regulation A+ pursuant to the Jumpstart Our Business Startups (JOBS) Act of 2012. iPic has applied to list its common stock on Nasdaq under the ticker symbol "IPIC."TriPoint Global Equities, LLC, working with its online division BANQ® (, will act as the Lead Managing Selling Agent; Roth Capital Partners, LLC will act as the Institutional Placement Book-Running Agent; and Telsey Advisory Group LLC ("TAG") will act as Co-Manager for the offering.

The Company is offering 2,165,000 shares at $18.50 per share. The Company seeks to raise approximately $40 million in its IPO under Regulation A+, and intends to use the proceeds from the offering for general corporate purposes, including opening new iPic® locations and renovating existing iPics. 

Individuals interested in learning more about the iPic® Entertainment investment opportunity can register an indication of interest by visiting

"This is an exciting milestone for iPic and we are honored to have applied to list on the Nasdaq Stock Market, as we take the next step in becoming a publicly-traded company," said Hamid Hashemi CEO and Founder. "iPic delivers a world-class hospitality experience, and this listing will provide great visibility for the Company amongst potential stockholders and will allow our 1.8 million members, loyal guests, as well as the general public, to be able to play a direct role in our continued growth."

About iPic® Entertainment

Established in 2006 and headquartered in Boca Raton, FL, iPic® Entertainment is America's premier luxury restaurant-and-theater brand. A pioneer of the dine-in theater concept, iPic® Entertainment's mission is to provide visionary entertainment escapes, presenting high-quality, chef-driven culinary and mixology in architecturally unique destinations that include premium movie theaters and bar/restaurants. iPic® Theaters currently operates 16 locations with 121 screens in Arizona, California, Florida, Illinois, New Jersey, New York, Texas, Washington and Wisconsin and new locations planned for California, Connecticut, Philadelphia, and New York. For more information, visit

Forward-Looking Statements

This press release may include ''forward-looking statements.'' To the extent that the information presented in this press release discusses financial projections, information, or expectations about our business plans, results of operations, products or markets, or otherwise makes statements about future events, such statements are forward-looking.  Such forward-looking statements can be identified by the use of words such as ''should,'' ''may,'' ''intends,'' ''anticipates,'' ''believes,'' ''estimates,'' ''projects,'' ''forecasts,'' ''expects,'' ''plans,'' and ''proposes.'' Although we believe that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading "Risk Factors" and elsewhere in the offering statement that we have filed with the SEC. Forward-looking statements speak only as of the date of the document in which they are contained, and iPic® Entertainment does not undertake any duty to update any forward-looking statements except as may be required by law.

Legal Disclaimer

The offering will be made only by means of an offering circular. An offering statement on Form 1-A relating to these securities has been filed publicly with the Securities and Exchange Commission but has not yet become qualified. 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

No money or other consideration is being solicited at this time with respect to such an offering, and if sent in response to these materials for such an offering, it will not be accepted. No securities may be sold, and no offer to buy securities can be accepted and no part of the purchase price can be received for an offering under Regulation A+ until an offering statement is qualified by the U.S. Securities and Exchange Commission, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date. An indication of interest made by a prospective investor in a Regulation A+ offering is non-binding and involves no obligation or commitment of any kind.


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