Sagoon announces Reg A + “Mini-IPO” for public investment

Published On: June 2, 2020 01:36 PM NPT By: Republica  | @RepublicaNepal


KATHMANDU, June 2: Sagoon (www.sagoon.com), a social commerce start-up (based in Washington DC, New Delhi and Kathmandu) has announced the launch of a new round of investment opportunity to a massive pool of potential investors around the world.

According to a press statement, the company this time plans to sell more than 300,000 shares of Class C Common Stock to the general public at $30 per share, with the minimum investment being $900.

The company is already a large part of five million users, fans and supporters.

In 2017, the company had launched its first Reg A + (Mini-IPO) offering at $23 per share and raised $4.6 million from 4,000 investors globally.

Reg A+ “Mini-IPO” provides an opportunity for non-accredited general public to invest and own stock in the company.

Sagoon has partnered with the Fund America and Prime Trust who support to maintain the US government compliance and regulation for smooth investment processes.

The company is currently accepting investment from public and institutional investors, which is open only for a limited time.

The company has urged the interested investors to visit: https://www.sagoon.com/invest , where the Offering Circular is also available.

 


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