Emrgy has filed a notice of an exempt offering of securities to raise $3 Million in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Emrgy is raising up to $3,000,000.00 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 Emrgy
Emrgy designs and deploys modular, scalable hydroelectric solutions without the need for construction or dams. Compared to intermittent solutions like solar and wind, the controllable nature of these waterways enable higher capacity factors, do not require adjacent technologies such as storage, and ultimately deliver quicker and greater value to the customer. While in-canal hydro market potential has not been adequately quantified to date, the US market conservatively represents >6GW of undeveloped potential. Emrgy has developed a proprietary, global resource assessment tool to better characterize and quantify the vast, immediately available in-conduit hydroelectric potential. Emrgys turbine arrays empower our customers to monetize the energy content of their existing waterway asset that is otherwise ignored. We partnered with the City of Atlanta & Southern Company to showcase technological capabilities of the product in 2016, and in 2017 the Company partnered with Denver Water & The Bureau of Reclamation to install the first array of distributed hydropower in the United States.
To learn more about Emrgy, visit http://emrgy.com/
Emrgy Linkedin Page: https://www.linkedin.com/company/emrgy-inc./
Contact:
Emily Morris, Chief Executive Officer
855-459-1818
https://www.linkedin.com/in/emily-a-morris/
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