GridX has filed a notice of an exempt offering of securities to raise $7,500,000.00 in New Funding.
According to filings with the U.S. Securities and Exchange Commission, GridX is raising up to $7,500,000.00 in new funding. The federal securities law requires the notice to be filed by companies...
According to filings with the U.S. Securities and Exchange Commission, GridX is raising up to $7,500,000.00 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 GridX
GridX partners with utilities and energy suppliers to transform their businesses and accelerate the clean energy transition. Our Enterprise Rate Platform helps these organizations develop new products and business models to achieve their clean energy goals; quickly operationalize new offerings in their billing and settlement processes; and better engage with their customers for broader program adoption. GridXs platform is used by leading utilities, retail energy suppliers and energy ecosystem OEMs to serve more than 19 million homes and businesses.
To learn more, visit https://gridx.com/
LinkedIn: https://www.linkedin.com/company/gridx-inc./
Contact:
Michael Kwok, Vice President Finance
SOURCE: http://www.intelligence360.io
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