Waterside Capital raises $1.1M via Series A Preferred and warrants for crypto/NFT projects

Metavesco, Inc.

Issued 22 Series A convertible preferred shares at $50,000 each to three accredited investors.
Each preferred share converts into 100,000 common shares; total potential dilution of 2.2M shares.
Also issued three warrants per buyer with strike prices of $1.30, $1.50, $1.75, for up to 6.6M common shares.
Proceeds of $1.1M to fund cryptocurrency liquidity pools and Web3/NFT projects on Ethereum.
Received $600,000 at closing (March 16, 2022); remaining $500,000 expected within the week.

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