Pretred has filed a notice of an exempt offering of securities to raise $30 Million in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Pretred is raising up to $30,000,000.00 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 Pretred
The global leader in sustainable, recycled rubber barriers made from waste tires. Currently, the top two uses for waste tires are burning and burying them. Innovation: We have a better solution. Pretred recycles and repurposes waste tires into industrial barriers and blocks. Our patented, green alternative offers superior benefits, competitive pricing, and solid margins. Closed-Loop Capacity: We recycle 60 waste tires for every 6-foot barrier we make. One-mile of barriers can reuse 52,800 tires and one manufacturing facility can use up to 3 million waste tires per year. Our barriers are 95% recycled material and 100% recyclable. Our goal is to establish multiple facilities that will recycle billions of pounds of waste tires every year. Environmental Problems: Waste tires have one of the worst recycling records. 300 million waste tires are created in the U.S. annually. Colorado is home to a 60 million waste tires dump (largest in U.S.). Founder: Eric Davis Co-Founders: Ricke Welle, Jeff Olson .
To learn more about Pretred, visit http://www.pretred.com/
Pretred Linkedin Page: https://www.linkedin.com/company/pretred/
Contact:
Eric Davis, Chief Executive Officer
720-583-4088
https://www.linkedin.com/in/eric-davis-296a471/
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