InvestmentJul 2, 2026, 04:38 PM
Mangoceuticals Sells 850,000 Shares in Private Placement for $272,000
AI Summary
Mangoceuticals, Inc. completed a private placement on June 29, 2026, selling 850,000 shares of restricted common stock to an accredited investor. The shares were sold at $0.32 each, raising a total of $272,000 for the company. The transaction was conducted under an exemption from registration, specifically Section 4(a)(2) and/or Rule 506 of Regulation D, and includes piggyback registration rights for the investor for a period of one year.
Key Highlights
- Completed a private placement on June 29, 2026.
- Sold 850,000 shares of restricted common stock to an accredited investor.
- Shares were sold at $0.32 per share.
- Total proceeds from the private placement amounted to $272,000.
- Transaction utilized an exemption from registration under Regulation D.
- Includes piggyback registration rights for the investor for one year.
Price Impact
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