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Replies to post #9406 on Dalrada Financial Corp (DFCO)
THE OFFERING
Common stock offered by Dalrada Financial Corporation
We registering to sell to new investors up to 10,000,000 shares of our common stock, at $0.08 per share.
Common stock offered by selling stockholders We are registering 27,882,360 shares of our common stock for sale by 34 selling stockholders (see list of selling stockholders).
Common Stock for Employee Stock Purchase Plan We are registering 2,000,000 shares of our common stock for the Company’s Employee Stock Purchase Plan.
Offering Period The shares are being offered for a period not to exceed one year from the effective date of this Prospectus
Number of Common Stock Issued and Outstanding Before Offering 68,464,742 shares of common stock as of July 30, 2020
Number of Common Stock to be Issued and Outstanding After Offering 78,464,742 shares of common stock will be issued and outstanding if we sell all of the shares we are offering.
Net Proceeds to Our Company
If we are successful in selling all 10,000,000 shares of our common stock being offered by Dalrada Financial Corporation, we will receive gross proceeds, before offering expenses, of approximately
$800,000.
