NetworkNewsBreaks – CloudCommerce Inc. (CLWD) Fi
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CloudCommerce (OTCQB: CLWD), a leading provider of audience-driven business intelligence and digital marketing solutions, this morning announced that it has filed an Offering Statement on Form 1-A with the Securities and Exchange Commission (“SEC”) to offer up to $20,000,000 of preferred stock to qualified investors in a Reg A+ public offering at a price of $25.00 per share. The preferred stock will pay an annual dividend of 10%, with payments made monthly. CLWD aims to have a market maker file an application with FINRA to be able to quote the preferred stock on the OTC market. The Form 1-A offering statement must be qualified and approved by the SEC before the preferred stock can be sold and before offers to buy can be accepted.
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