Solei Systems Inc. (fka SOLI)

[Train.Bull]

BS.

A private placement is a capital raising event that involves the sale of securities to a relatively small number of select investors. These investors are often accredited and can include large banks, mutual funds, insurance companies, pension funds, family offices, hedge funds, and high and ultra high net worth individuals. As these investors usually have significant resources and experience, standards and requirements for a private placement are often minimal – in contrast with a public issue.
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