$CLWD: NEWS! CloudCommerce Receives First subscri
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February 13, 2020 12:30 ET | Source: CloudCommerce, Inc.
SAN ANTONIO, Feb. 13, 2020 (GLOBE NEWSWIRE) -- CloudCommerce, Inc. (CLWD), a leading provider of digital advertising solutions, today announced that it has received its first subscriptions in its $20 million Reg A+ Public Offering.
The Company is offering 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 CloudCommerce, 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.
http://www.globenewswire.com/news-release/202...ering.html