Vatn Systems has filed a notice of an exempt offering of securities to raise $15,519,964.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Vatn Systems is raising up to $15,519,964.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About Vatn Systems
Vatn builds affordable modular autonomous underwater vehicles. Stay tuned for the launch of our first AUV. We are backed by Decisive Point. Vatn Systems builds affordable autonomous underwater vehicles that act in cooperative swarms, enabling a multitude of new use cases. At the core of Vatn’s R&D efforts is advanced navigation software that is effective in GPS, vision, and comms compromised environments while reducing hardware costs.
To learn more about Vatn Systems, visit http://www.vatnsystems.com/
Vatn Systems Linkedin Page: https://www.linkedin.com/company/vatnsystems/
Contact:
Nelson Mills, Chief Executive Officer
646-744-8403
SOURCE: http://www.intelligence360.io
Copyright (c) 2024 SI360 Inc. All rights reserved.