CHICAGO, Feb. 27, 2025 /PRNewswire/ — Dream Exchange is pleased to announce that its Form 1 application (the “Form 1”) was formally filed with the Securities and Exchange Commission (the “SEC”) on Valentine’s Day, February 14, 2025, and approved to be placed into the Federal Register on February 25, 2025 by the SEC. Once its Form 1 is approved, the Dream Exchange will become a registered national stock exchange, authorized to facilitate trading in national market system (“NMS”) stocks. This accomplishment is the first step in Dream Exchange’s mission to create a public marketplace trading in NMS stock whose common stock is primarily owned by individual investors – in short, a “People’s Exchange.”
But the Dream Exchange is not resting on its laurels as it has plans to grow its exchange beyond facilitating the trading of NMS stocks and create a new type of stock exchange, called a venture exchange. Utilizing proposed legislation known as the Main Street Growth Act (the “MSGA”), Dream Exchange is planning to become one of the first exchanges, if not the first, to establish a venture exchange, which will be designed to connect early-stage, high-growth companies with investors – fostering wealth creation and economic empowerment where it is most needed. The Dream Exchange believes that the MSGA represents a significant shift toward democratizing the financial market, providing small and mid-sized businesses with a viable pathway for growth and expansion. It embodies the belief that opening up public capital markets to underserved sectors can strengthen the broader economy and promote innovation nationwide.
The Wall Street Journal highlighted this achievement and Dream Exchange’s mission to create a marketplace for all. Joseph Cecala, Founder and CEO of Dream Exchange, states that: “Being the “People’s Exchange,” our plans for the future include the creation of a venture market that will welcome qualified small and mid-sized businesses to take advantage of accessing the public capital markets like never before.”
At Dream Exchange, we recognize that most businesses may not have the resources required to be eligible for the national market systems that are available for companies to trade their stocks. The creation of a venture exchange aims to reduce the challenges smaller companies face when attempting to go public, such as initial public offering costs, limited liquidity, and intense competition in the traditional stock exchanges dominated by larger companies. The Dream Exchange believes that the MSGA will allow qualified small and mid-sized companies to access the public capital markets for the first time.
Find out more about Dream Exchange in our Milestone Announcement webinar, today, February 27, 2025, at 3 p.m. CT. Register here.
About Dream Exchange
The Dream Exchange has formally filed its Form 1 application with the SEC to become the first minority-controlled company, whose common stock is primarily owned by individuals (the “People’s Exchange”), to operate a licensed stock exchange in the history of the United States, which is in the process of being noticed to the public via the Federal Register. It is presently preparing its operations for when it receives approval to become a registered national stock exchange, facilitating the trading of NMS stocks. Dream Exchange is also planning for its future, championing the creation of a new type of stock exchange called a venture exchange, which will list and trade the securities of early-staged small and mid-sized companies, allowing them to access the public markets for the first time.
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MEDIA CONTACT
Jane Hayton
Chief Public Officer
(312) 882-2691
SOURCE Dream Exchange
