MOBO Systems raised $10 million as part of a fully subscribed non-brokered equity offering. The subscription, which started on October 10th, lured six investors. No offering was previously initiated by the company under a registration exemption with the SEC.
The company, headquartered in New York NY, is led by Noah Glass (President). MOBO Systems elected to keep its revenues undisclosed.
The board of directors includes Daniel Meyer, David Frankel, James D Robinson and William Dunbar.
Company: MOBO Systems
Industry: Other Technology
Amount offered: $10 million
Amount placed: $10 million
First sale: 10-10-2014
Data as of: 10-21-2014