InvestmentApr 24, 2026, 05:21 PM
Palomino Labs Announces Private Placement up to $30M
AI Summary
Palomino Laboratories Inc. is conducting a private placement offering of its common stock to accredited investors. The company aims to raise a minimum of $15,000,000 by selling 3,750,000 shares and a maximum of $30,000,000 by selling 7,500,000 shares, all at a price of $4.00 per share. The minimum subscription amount for each purchaser is $100,000. This offering is being made under the exemption from registration afforded by Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D.
Key Highlights
- Offering minimum 3,750,000 shares of common stock.
- Offering maximum 7,500,000 shares of common stock.
- Per share purchase price set at $4.00.
- Minimum aggregate offering amount is $15,000,000.
- Maximum aggregate offering amount is $30,000,000.
Price Impact
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