Los Angeles, CA….WestPark Capital, Inc., www.wpcapital.com innovators in the Financial Services industry and recognized for having revolutionized the IPO process, continues its growth with the recent hire of James Hosch, a veteran financial services industry executive. “As we continue the successful closing of deals using the unique WRASP process of bringing companies public, and as our company and our industry-unique WRASP product continues to become more prevalent within capital markets landscape, it is essential we continue to seek talented financial services industry executives to join our organization,” says Richard Rappaport, CEO of WestPark Capital, Inc. Rappaport is the creator of the “WRASP” a revolutionary financial services process in which a company becomes publicly traded through a share exchange and trades directly onto a senior exchange, either the AMEX or the NASDAQ, completely bypassing the OTCBB.
“For years I have watched WestPark capital grow,” says James Hosch, a nearly thirty-year veteran of the financial services industry, “as the markets have changed, WestPark can be singularly credited with having created a truly unique product, the WRASP, for companies seeking to go public that has generally proven to be less costly, less time consuming, involves less risk and even less dilution of ownership than a traditional IPO or a reverse merger.” Adds Hosch, “to say I am excited to be part of WestPark Capital, an innovator in the industry, and to work alongside Richard Rappaport, is an understatement.”
“Mr. Hosch has a uniquely broad perspective in investment banking in global capital markets,” says WestPark Capital, Inc, CEO, Richard Rappaport. Adds Rappapport, , “Mr. Hosch brings a tremendous depth and breadth of expertise in areas that will enable us to both broaden our product offerings as well as enhancing the overall quality of our investment banking scope.” His accomplished career includes transactions across multiple investment categories, from the development of real estate, and oil and gas companies, to taking public software, healthcare and bio-technology companies, among others. His expertise includes the placement of equity and convertible securities for public and private companies. Notable achievements include bringing to market a $15 million public offering for a bio-technology firm, the largest deal of its type at the time in Colorado. As the Managing Principal of a hotel gaming company in Deadwood, South Dakota, he was instrumental in bringing the company public. While on the Executive Committee of another Regional Firm, he played a significant role in the first private IPO, as well as the first secondary financing, for Frontier Airlines, fueling the company’s growth to more than 5,000 employees. .
WestPark Capital specializes in taking companies public – fast. It is a full-service national and international investment bank focused on emerging growth sectors such as healthcare, software, technology, biotechnology, financial services, manufacturing, consumer products, and media and telecom industries, among other categories. Founded in 1999, with offices in key markets across the United States, as well as in China*, Hong Kong*, and Taiwan*, the firm and its founder, Richard Rappaport, are credited for having created the revolutionary “WRASP.” The “WRASP” is a process in which a company becomes publicly traded through a share exchange and trades directly onto a Senior Exchange such as the NYSE, AMEX or the NASDAQ, completely bypassing the OTCBB. The “WRASP” generally possesses superior liquidity, valuation and institutional coverage. This innovative approach includes potentially increased market awareness and the visibility of an IPO.
*International offices are separate and distinct and are joint ventures that are non FINRA registered offices.
Company Website: www.wpcapital.com Member FINRA/SIPC