other material
confidence high
sentiment positive
materiality 0.65
Rego completes $25M Series B Preferred Stock offering; total capital raised exceeds $100M
REGO PAYMENT ARCHITECTURES, INC.
- Raised additional $3.5M via 38,889 shares of Series B Preferred Stock to complete $25M offering.
- Total capital raised since inception exceeds $100M.
- Also has $20M line of credit available; provides pathway for 2024 strategic goals.
- CEO Peter Pelullo cites financial pathway for execution of 2024 corporate goals.