Adamson Brothers Corp

What Adamson Brothers Corp does

Adamson Brothers Corp, Inc., operating as Directly Listed, is a B2B institutional technology platform that enables private companies to raise capital and list on national securities exchanges without traditional underwriter-led IPOs. The platform spans ten productized structures: Regulation D 506(b) and 506(c) private placements, Regulation A+ mini-IPOs (up to $75M annually from retail and accredited investors), Regulation S offshore offerings, post-listing PIPE financing, Equity Lines of Credit (ELOC) of up to $350M in committed standby capital, and conventional or direct listings on both NASDAQ and NYSE.

The underlying technology integrates SEC filing preparation (Forms S-1, 1-A, D), KYC/AML and accredited-investor verification, Adobe Acrobat Sign-based eSignature with audit trails, real-time fundraising dashboards, and payment processing via card, ACH, or wire directly from investor to issuer (the platform never custodies funds). DTC and transfer agent coordination is bundled. The company is not a registered broker-dealer, investment advisor, or funding portal; it sells execution services to sophisticated institutional clients.

The revenue model is project-based: every deal is individually quoted as a flat platform fee covering attorneys, consultants, listing advisors, SEC filings, branded investment pages, investor relations tooling, and payments, plus an equity grant at signing. Third-party costs (audits, legal opinions, exchange and DTC fees) are billed on top. GTM is enterprise sales-led via three consultation call types and a content-heavy website. Founded in 1998 (operating since 1999), headquartered in Miami, FL, with 11–50 employees. CEO Andy Altahawi. The company is privately held with no disclosed institutional backing.

Name

Adamson Brothers Corp

Legal name

Adamson Brothers Corp, Inc.

Website

https://directlylisted.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Adamson Brothers Corp (d/b/a Directly Listed) is a Miami-based B2B technology platform that helps private companies raise capital via Reg D, Reg A+, Reg S, PIPE, and ELOC facilities, and execute direct or conventional listings on NASDAQ and NYSE under a flat-fee, equity-grant pricing model.

Ownership category

akta.pro rank

Product category

Capital Markets Technology

NAICS

Investment Banking and Securities Intermediation (52315), Securities and Commodity Contracts Intermediation and Brokerage (5231), Investment Banking and Securities Intermediation (523150)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Finance Services (6199)

akta.pro primary industry

IPO & New Issue Issuer Services (Listing/ISIN setup) (FSACAKAH)

akta.pro secondary industries

Private Placements (144A/Reg S/MTN) (FSACABAK), Issuer Services & Securities Issuance/Immobilization Platforms (FSAFAGAG)

Keywords

• Direct listing services
• Capital raising platform
• Exchange listing advisory
• Regulatory exempt offerings
• Securities compliance technology

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Platform Fees (Flat Fee): Every deal is quoted individually with a flat platform fee covering SEC filings, attorney/consultant/advisor work, branded investment page, investor relations tooling, payment processing, KYC/AML, eSignature, and dashboards. No percentage-of-raise charges.
2. Equity Grant: Equity grant at signing as part of the deal quotation. Combined with flat platform fee.
3. Third-Party Cost Recovery: Separate third-party costs including audits, legal opinions, transfer agent/DTC fees, and exchange listing fees are billed on top of the flat platform fee.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

Adamson Brothers Corp operates the Directly Listed platform, a B2B institutional technology platform that enables private and public companies to raise capital and go public without a traditional underwritten IPO. The platform packages SEC filing preparation, investor onboarding with KYC/AML and accredited-investor verification, eSignature with audit trail, digital payment processing (card, ACH, wire), real-time dashboards, and shareholder / transfer-agent services behind a single flat platform fee. It delivers ten capital-structure products spanning Reg D 506(b), Reg D 506(c), Reg A+, Reg S, PIPE, ELOC, NASDAQ Conventional Listing, NASDAQ Direct Listing, NYSE Conventional Listing, and NYSE Direct Listing.

Product overview

Directly Listed is an end-to-end B2B institutional technology platform providing ten distinct capital raising and exchange listing products: four private placement offerings (Regulation D 506(b), Regulation D 506(c), Regulation A+, and Regulation S), two institutional financing tools (PIPE and Equity Line of Credit), and four exchange listing paths (NASDAQ Conventional, NASDAQ Direct, NYSE Conventional, and NYSE Direct). The platform integrates SEC filings, investor onboarding, eSignature, payment processing, KYC/AML verification, and shareholder services into a single workflow, enabling companies to progress from private Reg D rounds through to public listings on NASDAQ or NYSE, with post-listing capital access through ELOC facilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Regulation D 506(b) Private placement product that lets companies raise unlimited capital from investors they already know, without general solicitation and using self-certified accreditation. Allows up to 35 sophisticated non-accredited investors. For private companies raising from a known, sophisticated investor base.
• Regulation D 506(c) Private placement that enables companies to publicly solicit and advertise their capital raise while accepting unlimited capital exclusively from accredited investors, with accreditation verification built into the investment flow. For private companies that want public marketing reach but only accredited capital.
• Regulation A+ Mini-IPO Mini-IPO structure that allows companies to raise up to $75 million per year from accredited and non-accredited investors, with freely tradable securities and test-the-waters marketing capability. For companies wanting to access retail capital, customers, and community as shareholders.
• Regulation S Offshore capital raise structure enabling companies to raise unlimited capital from non-U.S. investors through offshore transactions outside U.S. registration, often run alongside Reg D rounds. For companies seeking international capital.
• PIPE (Private Investment in Public Equity) Post-listing private placement placing institutional capital directly into a public company at negotiated prices, executed faster than a follow-on public offering. For listed companies needing capital without the timing of a marketed secondary.
• Equity Line of Credit (ELOC) Committed standby equity facility providing up to $350M in committed capital from institutional investors after listing, allowing public companies to draw capital on their own timeline at market prices with dilution control. For listed companies needing flexible, on-demand capital.
• NASDAQ Conventional Listing Conventional NASDAQ listing combined with a registered primary offering that lets companies raise new capital while going public on the Nasdaq Stock Market, managed end-to-end by the platform.
• NASDAQ Direct Listing Direct listing on the Nasdaq Stock Market without an IPO, allowing existing shares to trade without underwriter discounts or dilution, with full SEC registration and exchange application management. For well-capitalized companies seeking public liquidity without underwriter economics.
• NYSE Conventional Listing Conventional New York Stock Exchange listing paired with a registered primary offering, enabling companies to raise new capital at listing on the Big Board, managed end-to-end.
• NYSE Direct Listing Direct listing on the New York Stock Exchange without an IPO, enabling existing shareholder liquidity without underwriter involvement or new share dilution. For companies seeking the prestige of NYSE listing without dilutive underwriting.

Quantifiable outcome

• No underwriter discount (traditional IPOs allocate 5-7% of gross proceeds to underwriting commissions)
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature6 records

Scale indicators6 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• StartEngine: Leading Reg A+ and Reg D funding portal that helps private companies raise capital from retail and accredited investors. Directly comparable to Directly Listed's Reg A+ and Reg D products with overlapping compliance, KYC/AML, and payment processing workflows.
• SeedInvest: Reg D and Reg A+ platform focused on venture-stage and growth-stage private companies. Comparable accredited investor verification workflow and capital raising product suite.
• Forge Global: Private stock marketplace and custody platform serving issuers, employees, and investors in pre-IPO companies. Comparable focus on private company liquidity and shareholder services infrastructure.
• EquityZen: Secondary marketplace for pre-IPO and private company shares, providing liquidity solutions outside public markets. Comparable in serving sophisticated investors and private company shareholders seeking liquidity pathways.
• AngelList: Private capital platform spanning rolling funds, syndicates, and Reg D offerings for startups and investors. Comparable in serving both issuer-side capital raising and investor-side deal access.
• Wefunder: Reg CF and Reg A+ crowdfunding platform enabling community-driven capital raises from retail investors. Comparable retail-investor-facing product and customer base, particularly for smaller Reg A+ mini-IPOs.
• Republic: Multi-product investment platform offering Reg A+, Reg D, and Reg CF raises alongside secondary trading on its Republic Markets venue. Comparable end-to-end capital raising workflow targeting similar private company issuer segments.

Broad incumbents

• Nasdaq Private Market: Nasdaq-operated platform for private company share trading, tender offers, and secondary liquidity. Comparable shareholder services and pre-IPO liquidity functionality, with the credibility of operating one of the two major U.S. stock exchanges.
• Carta: Dominant cap table management and private securities administration platform serving issuers, investors, and employees. Comparable in providing infrastructure for private company shareholders, though its core focus is recordkeeping rather than primary capital raising.

Emerging players

• tru Independence: Specialized advisor for direct listings and alternative public market strategies, providing listing readiness, IR, and SEC registration support. Comparable focus on the direct listing pathway with overlapping service offering for issuers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/directly-listed

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Adamson Brothers Corp