XDATA – September 2nd 2014
One financial backer invested $650,000 in return for unregistered equity securities issued by Gramovox. The transaction completed almost two weeks ago via a non-brokered private placement. No offering was previously initiated by the company under a registration exemption with the SEC.
Gramovox manufactures and markets a bluetooth gramophone shaped speaker that produces a vintage sound.
The company was registered in 2013 and has its headquarters located in Chicago IL. Gramovox elected to keep its revenues undisclosed.
The executive team includes Pavan Bapu.
Amount offered: $650,000
Amount placed: $650,000
First sale: 08-20-2014
Data as of: 09-02-2014