other material
confidence high
sentiment neutral
materiality 0.40
Dynamic Aerospace closes initial $75K tranche of $750K private placement; issues shares and warrants
DYNAMIC AEROSPACE SYSTEMS Corp
- Sold 357,143 shares and warrants for 535,715 shares to The Aeon Group for $75,000.
- Warrants exercisable at $0.30/share, 2-year term; cashless if no effective registration after 6 months of exchange listing.
- Plans to sell up to $750K total in common stock and warrants via exempt private placement under Section 4(a)(2).
- Common stock not currently traded on any national exchange; no ticker symbol registered.