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Thursday, March 31, 2022 4:56:31 PM
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On March 11, 2022, Indoor Harvest Corp (the “Company”) entered into subscription agreements, (the “Agreement”), with certain accredited investors for the sale of Twelve Million Five Hundred Thousand (12,500,000) Common Shares (the “Shares”) of the Company’s common stock, par value of $0.001 per share, for a total consideration to the Company of Seventy-Five Thousand ($75,000) Dollars. The Shares will be restricted and subject to compliant required holding periods under Rule 144. The Company intends to use the net proceeds from the sale of the Shares for general corporate purposes, such as payments for certain vendor services, filing requirements, settlement of certain payables, working capital, etc.
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