Announcement
SoAct announced in May 2022 that it had opened an equity-crowdfunding campaign on Wefunder to support its planned expansion. The app was presented as a place for individuals, community groups, and organizations to connect around social causes, share resources, and coordinate activity. Founders Peter Clark and Jerusha Greenwald described the idea as bringing otherwise scattered online activism into a more focused community. A separate SoAct release distributed by Access Newswire earlier that year described the platform and identified Clark as a founder.
The original NewswireJet announcement was a company-supplied account of a fundraising effort. It did not establish how much money was eventually raised, whether the offering remained open, or what an investor would own today. Descriptions of a safer or more effective community are aims of the platform, not independently measured results. The presence of an old crowdfunding link should not be interpreted as a current invitation to invest.
This archive records the campaign as a 2022 event. Anyone researching the company or a securities offering should verify its current legal entity, offering documents, platform status, risk disclosures, and any required regulatory filings directly with official sources. Social purpose does not remove the possibility of losing an investment, and a press release is not a substitute for those documents.
Source and further information
SoAct's March 2022 platform announcement distributed by Access Newswire