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Posted On: 12/30/2019 8:12:22 PM
Post# of 106587
$CLWD: NEWS--SEC Qualifies CloudCommerce Reg A+ Public Offering
The Company may now proceed with its plan to publicly offer up to $20,000,000 of preferred stock to qualified investors
SAN ANTONIO, Dec. 30, 2019 (GLOBE NEWSWIRE) -- CloudCommerce, Inc. (OTC: CLWD), a leading provider of digital advertising solutions, today announced that effective December 27, 2019, the Securities and Exchange Commission (“SEC”) declared its Form 1-A offering statement qualified.
The Company may now proceed with its plan to publicly offer up to $20,000,000 of preferred stock (the “Preferred Stock”) at a price of $25.00 per share, to qualified investors in a Reg A+ public offering.
The Preferred Stock will pay an annual dividend of 10%, with payments made monthly. The Company will seek to have a market maker file an application with FINRA to be able to quote the Preferred Stock on the OTC market.
Please see the Company’s qualified offering circular at:
https://www.sec.gov/Archives/edgar/data/74375...mmerce.htm
About Cloud Commerce, Inc.
CloudCommerce, Inc. (CLWD) is a leading provider of digital advertising solutions. Our flagship solution, SWARM, analyzes a robust mix of audience data to help businesses find who to talk to, what to say to them, and how to market to them. We do this by applying advanced data science, behavioral science, artificial intelligence, and market research techniques to discover, develop and create custom audiences for highly targeted digital marketing campaigns. CloudCommerce was Ranked Number 235th Fastest Growing Company in North America on Deloitte’s 2019 Technology Fast 500™. To learn more about CloudCommerce, please visit our website at www.CloudCommerce.com
https://www.otcmarkets.com/stock/CLWD/news/st...id=1503589
The Company may now proceed with its plan to publicly offer up to $20,000,000 of preferred stock to qualified investors
SAN ANTONIO, Dec. 30, 2019 (GLOBE NEWSWIRE) -- CloudCommerce, Inc. (OTC: CLWD), a leading provider of digital advertising solutions, today announced that effective December 27, 2019, the Securities and Exchange Commission (“SEC”) declared its Form 1-A offering statement qualified.
The Company may now proceed with its plan to publicly offer up to $20,000,000 of preferred stock (the “Preferred Stock”) at a price of $25.00 per share, to qualified investors in a Reg A+ public offering.
The Preferred Stock will pay an annual dividend of 10%, with payments made monthly. The Company will seek to have a market maker file an application with FINRA to be able to quote the Preferred Stock on the OTC market.
Please see the Company’s qualified offering circular at:
https://www.sec.gov/Archives/edgar/data/74375...mmerce.htm
About Cloud Commerce, Inc.
CloudCommerce, Inc. (CLWD) is a leading provider of digital advertising solutions. Our flagship solution, SWARM, analyzes a robust mix of audience data to help businesses find who to talk to, what to say to them, and how to market to them. We do this by applying advanced data science, behavioral science, artificial intelligence, and market research techniques to discover, develop and create custom audiences for highly targeted digital marketing campaigns. CloudCommerce was Ranked Number 235th Fastest Growing Company in North America on Deloitte’s 2019 Technology Fast 500™. To learn more about CloudCommerce, please visit our website at www.CloudCommerce.com
https://www.otcmarkets.com/stock/CLWD/news/st...id=1503589
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