Anetac, Inc. announced that it will issue 3,195,379 Series A Preferred Stock at an issue price of $3.75542 per share for gross proceeds of $11,999,990.20418 on April 26, 2024. The preferred share have a par value of $0.0001 per share. The preferred share will be convertible into common shares at a fixed conversion price of its original issue price.

The preferred share is non-redeemable. The round will be raised at a post-money valuation of $17,919,726.