XDATA – September 17th 2014
Exo disclosed selling $1.7 million worth of equity securities as part of financing round. The equity securities, which started to sell almost two weeks ago, were bought by twenty-seven investors. The offering has no fundraising cap and the company may elect to raise additional funds until the offering closes in September 2015. No offering was previously initiated by the company under a registration exemption with the SEC.
Exo develops and markets a cricket flour-based protein bar that comes in four flavors including cacao nut, peanut butter and jelly, blueberry vanilla, and apple cinnamon. Cricket is a sustainable source high in protein and the bars are soy, dairy, grain, and gluten free.
Exo, registered in 2014, is headquartered in Brooklyn NY. It is led by Greg Sewitz (President). Revenues were not disclosed.
The executive team includes Gabi Lewis.
The board of directors includes Lauren Jupiter.
Amount offered: N/A
Amount placed: $1.7 million
First sale: 09-04-2014
Data as of: 09-17-2014