AgLogica Holdings disclosed issuing $3.5 million worth of equity


XDATA – October 22nd 2015
AgLogica Holdings reported closing its $3.5 million private placement on October 2nd. All the unregistered equity securities issued were acquired by one investor. The equity offering’s estimated net proceeds amount to $3.2 million excluding $300,000 earmarked for the payment of officers’ salaries. No offering was previously initiated by the company under a registration exemption with the SEC.
AgLogica Holdings markets and develops the AgLogica Behavior Monitoring System – a breakthrough technology that pairs on-animal sensors with the company’s cloud analytics platform. Proprietary algorithms create valuable behavioral insights that help dog owners and veterinarians provide the highest level of health care for their dogs.
The company was registered in 2013 and has its headquarters located in Norcross GA. No revenues were reported by the company.
The executive team includes Marcel J Sarzen.
The board of directors includes Richard Shuler and Yongguo Hu.
Offering recap
Status: Completed
Company: AgLogica Holdings
Industry: Other Technology
Amount offered: $3.5 million
Amount placed: $3.5 million
SEC filing: Source
First sale: 10-02-2015
Data as of: 10-22-2015

 

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