BasiGo has filed a notice of an exempt offering of securities to raise $26,720,011.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, BasiGo is raising up to $26,720,011.00 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 BasiGo
BasiGo is an early-stage e-mobility start-up working to create the future of clean, electric public transport in Africa. Headquartered in Nairobi, Kenya, our team is strategically composed of seasoned entrepreneurs who have spent over a decade working and innovating within electric vehicle technology, mobility in Africa, and renewable energy financing. We are a team dedicated to creating an inclusive sustainable mobility revolution in Africa. BasiGo offers bus operators an Electric Bus solution that is more affordable, more convenient, and more reliable than a diesel alternative. To help bus operators receive the benefits of electric drive, BasiGo provides a complete electric bus solution including: 1) Electric Buses that operate all day on a single charge with proven, safe battery technology 2) Charging depots located close to bus routes providing guaranteed charging and expert preventative maintenance every night 3) Innovative Pay-As-You-Go financing that makes BasiGo buses affordable to purchase and lower cost to operate than diesel buses.
To learn more about BasiGo, visit http://www.basi-go.com/
BasiGo Linkedin Page: https://www.linkedin.com/company/basigo/
Contact:
Abhijit Bhattacharya, Chief Executive Officer
407-550-8595
https://www.linkedin.com/in/jit-bhattacharya-35a9902/
SOURCE: http://www.intelligence360.io
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