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Thursday, 09/29/2022 7:45:15 AM

Thursday, September 29, 2022 7:45:15 AM

Post# of 127
Ei.Ventures files 1-A with SEC

https://www.benzinga.com/secfilings/22/09/29006124/ei-ventures-inc-form1-sa

Private Placement

On July 5, 2022, the Company commenced a private placement in reliance on Rule 506(c) of Regulation D and Regulation S of the Securities Act. The Company is seeking to sell up to 1,012,145 shares of Common Stock at a price of $4.94 per share, for total proceeds of $5 million. As of the date of this Report, the Company has sold 168,756 shares and received gross proceeds of $833,655 in connection with sales under Regulation D and has sold 15,440 shares and received gross proceeds of $76,274 in connection with sales under Regulation S.

Regulation A Offering

The Company commenced an offering on March 22, 2021, qualifying the offer and sale of up to 10,121,457 shares of its Common Stock pursuant to Regulation A of the Securities Act (the “Regulation A Offering”) for up to $50 million in gross proceeds. The Regulation A Offering terminated on March 22, 2022. As of June 30, 2022, the Company had received gross proceeds of $21,582,356 pursuant to the Regulation A Offering and had issued 4,368,898 shares of Common Stock.