UVify disclosed issuing $4 million worth of equity

For more information visit www.XDATA.co
XDATA – January 29th 2016
UVify reported closing its $4 million private placement today. All the unregistered equity securities issued were acquired by one investor. No offering was previously initiated by the company under a registration exemption with the SEC.
UVify develops 3D recognition technology that enables drone to fly without GPS. The company is backed by KCube ventures.
The company was registered in 2015 and has its headquarters located in San Jose CA. No revenues were reported by the company.
The executive team includes Hyon Lim.
Offering recap
Status: Completed
Company: UVify
Industry: Other Technology
Amount offered: $4 million
Amount placed: $4 million
SEC filing: Source
First sale: 01-29-2016
Data as of: 01-29-2016

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