StockWatch
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Military/Government/Technical
InvestmentJun 23, 2026, 05:17 PM

OFA Group Issues $320,400 Preferred Shares to Related Party TriCore

AI Summary

OFA Group completed an additional closing under a Securities Purchase Agreement, issuing 356 Series A Convertible Preferred Shares to TriCore Foundation, LLC for an aggregate purchase price of $320,400. TriCore is a related party of the Company. The shares, with an aggregate stated value of $356,000, were issued in an unregistered sale under Section 4(a)(2) of the Securities Act.

Key Highlights

  • Issued 356 Series A Preferred Shares to TriCore Foundation, LLC.
  • Aggregate purchase price for the shares was $320,400.
  • The Series A Preferred Shares have an aggregate stated value of $356,000.
  • TriCore Foundation, LLC is a related party of OFA Group.
  • The issuance was an unregistered sale under Section 4(a)(2) of the Securities Act.