Bitmovin has filed a notice of an exempt offering of securities to raise $5 Million in New Debt Financing.
According to filings with the U.S. Securities and Exchange Commission, Bitmovin is raising up to $5,000,000.00 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 Bitmovin
Bitmovin is the Emmy award-winning category leader in video streaming infrastructure. The company has been at the forefront of industry innovation and all major developments in the online video streaming industry. Bitmovin built the worlds first commercial adaptive streaming player and deployed the first software-defined encoding service that runs on any cloud platform. Its cloud-native technology offers the most flexible and scalable media encoding, playback, and analytics solutions available, with unparalleled device reach, ease of integration, and world-class customer support. Today, the companys solutions are used by over 400 customers worldwide, including the BBC, ClassPass, Discovery, fuboTV, Hulu and many more.
To learn more about Bitmovin, visit http://www.bitmovin.com/
Bitmovin Linkedin Page: https://www.linkedin.com/company/bitmovin/
Contact:
Stefan Lederer, President and Chief Executive Officer
650-443-8956
https://www.linkedin.com/in/stefanlederer/
SOURCE: http://www.intelligence360.io
Copyright (c) 2024 SI360 Inc. All rights reserved.