Exeo Entertainment, Inc. announced that it expects to receive $1 million in funding.
September 14, 2014
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Exeo Entertainment, Inc. (OTCBB:EXEO) announced that it will receive $1,000,000 in equity funding on September 15, 2014. The minimum investment accepted from any outside investor is $12,500. The company will issue securities pursuant to exemption provided under Regulation D.
As of September 17, 2014 the company received $12,500 in first tranche from single investor.
As of November 7, 2014 the company received $25,000 in its second tranche closing. The company has received $37,500 in funding so far in the transaction from two investors.
As of December 11, 2014, the company has received $37,500 in its third tranche closing. The company has received $75,000 in funding so far in this transaction from four investors.
As of April 10, 2015, the company has received $136,000 in its fourth tranche closing. The company has received $211,000 in funding so far in the transaction from 13 investors.
As of May 1, 2015, the company has received $96,500 in its fifth tranche closing. The company received $307,500 in funding so far in the transaction from 16 investors.
As of May 20, 2015, the company has received $103,500 in its sixth tranche closing. The company received $411,000 in funding so far in the transaction from 16 investors.
As of June 22, 2015, the company has received $68,450 in its seventh tranche closing. The company received $479,450 in funding so far in the transaction from 16 investors.
As of July 27, 2015, the company has received $141,250 in its eighth tranche closing. The company has received $620,700 in funding so far in the transaction from 21 investors.
As of August 31, 2015, the company has received $125,000 in its ninth tranche closing. The company has received $745,700 in funding so far in this transaction from 32 investors. The minimum investment accepted from any outside investor now is $6,250.
As of October 1, 2015, the company has received $162,500 in its tenth tranche closing. The company has received $908,200 in funding so far in this transaction from 38 investors.
As of August 8, 2016, the company amended the terms of the transaction. The company will now receive $1,233,450 in funding.
Exeo Entertainment, Inc. is engaged in designing, developing, licensing, manufacturing, and marketing consumer electronics in the video gaming, music, and smart television (TV) sectors. The Company's products under development include the Psyko 5.1 surround sound gaming headphones for consoles and the Krankz MAXX Bluetooth wireless headphones. The Companyâs products also include the Zaaz Keyboard and the Extreme Gamer. Its Psyko headphones use a patented method of sound delivery that doesnât require the use of digital signal processing (DSP). The Companyâs Krankz wireless headphones work with mobile devices and have a retractable, foldable design with a built-in microphone and noise canceling feature. Its driver design provides a deep bass sound with clear midrange audio for a full range of use up to 30 meters distance. The Company also distributes and sells Ford cell phone accessories through all wholesale and retail channels in the United States and Canada.
EXEO ENTERTAINMENT, INC. 
