Home Artificial Intelligence CloudCommerce Receives First subscriptions in Its $20 million Reg A+ Public Offering

CloudCommerce Receives First subscriptions in Its $20 million Reg A+ Public Offering

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SAN ANTONIO, Feb. 13, 2020 (GLOBE NEWSWIRE) — CloudCommerce, Inc. (CLWD), a leading provider of digital advertising solutions, today announced that it has received its first subscriptions in its $20 million Reg A+ Public Offering.
The Company is offering up to $20,000,000 of preferred stock (the “Preferred Stock”) at a price of $25.00 per share, to qualified investors in a Reg A+ public offering.The Preferred Stock will pay an annual dividend of 10%, with payments made monthly. The Company will seek to have a market maker file an application with FINRA to be able to quote the Preferred Stock on the OTC market.Please see the Company’s qualified offering circular at:
https://www.sec.gov/Archives/edgar/data/743758/000121390019027142/f253g2122619_cloudcommerce.htm

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