Lessen Inc. announced that it will issue 30,841,625 series C preferred shares of par value $0.000033 per share at an issue price of $12.9463 per share for the gross proceeds of $399,284,929.7375 on January 4, 2023. The shares will be convertible in common shares at a fixed conversion price of $12.9463 per share. The round will be raised at post money valuation of $1,744,908,943.