Transaera has filed a notice of an exempt offering of securities to raise $9,070,411.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Transaera is raising up to $9,070,411.00 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 Transaera
Residential air conditioning is becoming a necessity rather than a luxury. Three billion new residential air conditioning units will be purchased and installed throughout the world by 2050. India and China will account for the majority of this global expansion. Using a novel desiccant material developed at MIT, Transaera is developing an ultra-efficient air conditioning system that will bring comfort to billions of people while reducing the impact on climate and grid infrastructure.
To learn more about Transaera, visit http://www.transaera.com/
Transaera Linkedin Page: https://www.linkedin.com/company/transaera/
Contact:
Sorin Grama, Chief Executive Officer
617-230-7715
https://www.linkedin.com/in/sorin-grama/
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