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Phinite has filed a notice of an exempt offering of securities to raise $2,500,000.00 in New Debt Financing.
According to filings with the U.S. Securities and Exchange Commission, Phinite is raising up to $2,500,000.00 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 Phinite
At Phinite were developing tech to feed the world. The world is running out of phosphorus. Most of the worlds phosphorus is used to grow food to feed to animals to produce meat. Manure isnt returned to growing regions, and instead leads to algal blooms and nutrient pollution. Were fixing this problem with tech to produce fertilizer from manure, helping farmers grow better food at a price farmers can afford.
To learn more about Phinite, visit http://www.phinite-us.com/
Phinite Linkedin Page: https://www.linkedin.com/company/nutrient-recovery-solutions/
Contact:
Jordan Phasey, Chief Executive Officer
910-337-5662
https://www.linkedin.com/in/jordan-phasey/
SOURCE: http://www.intelligence360.io
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