WorkDone Inc. announced that it expects to receive $1.07 million in funding from Digital Arts Media Network, Inc.
May 16, 2018
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WorkDone Inc. announced that it will issue minimum 1,000 and maximum 107,000 simple agreements for future equity and revenue participation at a price of $10 per unit for minimum gross proceeds of $10,000 and maximum of $1,070,000 on May 17, 2018. The company will raise funding through crowdfunding platform truCrowd, Inc. As part of the transaction, intermediary will charge a 7% fee less $3,500 already paid based on company's online funding total only if company's funding is successful. The oversubscription will be accepted in transaction. The transaction is expected to close by July 9, 2018. The minimum subscription accepted from the investor is $250. The company will issue securities pursuant to exemption provided under Regulation CF.
Digital Asset Monetary Network, Inc. is a hybrid accelerator that combines multiple services, such as acceleration, incubation, marketing, business development and capital formation, in one ecosystem. The Public Accelerator-Incubator (PAI) ecosystem utilizes multiple access to funding, skills development, and other tools for success. The PAI ecosystem offers both entrepreneurs and investors new ways of growing wealth. PAI provides business support and management consulting services in a founderâs startup or development stage company. It provides functional expertise to both the startup industry and the microcap space, which includes capital formation, operations and business growth, marketing and communications, finance, compliance, mergers and acquisitions, strategic partnerships. The Companyâs services in the PAI Ecosystem includes acceleration, business development, financial resources, capital formation, and marketing and communications.