Synergy Empire raises $100k via Regulation S sale of 500K common shares at $0.20/sh

Synergy Empire Ltd

Entered Regulation S Stock Purchase Agreement with investors Michael Tan and Andy Choe on May 1, 2024.
Sold 500,000 shares of common stock at $0.20 per share; aggregate gross proceeds of $100,000.
Each investor purchased 250,000 shares; proceeds used for general corporate purposes.
Sale exempt from registration under Regulation S of the Securities Act.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 1.0

Synergy Empire Ltd entered into Purchase Agreement with Michael Tan and Andy Choe valued at $100,000 (effective 2024-05-01).

Action: entry
Agreement: equity purchase
Counterparty: Michael Tan and Andy Choe
Value: $100,000
Effective: 2024-05-01

Exact text from the filing

On May 1, 2024, Synergy Empire Limited (the “ Company ”) entered into a Regulation S Stock Purchase Agreement (the “ Purchase Agreement ”) with two investors, Michael Tan and Andy Choe (collectively, the “ Investors ”), relating to the sale by the Company of an aggregate of 500,000 shares of the Company’s common stock, $.0001 par value per share (the “ Common Stock ”) at a price of $0.20 per share.

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Source: SEC EDGAR

accession 0001493152-24-018047

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