Allocortech has filed a notice of an exempt offering of securities to raise $7,668,785.00 in New Funding.

According to filings with the U.S. Securities and Exchange Commission, Allocortech is raising up to $7,668,785.00 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 Allocortech
Allocortech is a small and agile technical company providing an array of expertise and products for avionics, control systems, and general embedded systems applications of various flavors. Founded in 2018, Brian Viele and Matt Walker envisioned a nimble avionics company that could provide services and products to UAS and UAM aircraft markets that demand commercial quality but cannot tolerate the lead times, lack of flexibility, and recurring costs of legacy commercial aerospace solutions. Allocortech has quickly gained a reputation for delivering high-quality fault-tolerant solutions within demanding customer-driven deadlines.

To learn more, visit https://www.allocor.tech/
LinkedIn: https://www.linkedin.com/company/allocortech/

Contact:
Lee Rogers, Chief Executive Officer

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