other material
confidence high
sentiment neutral
materiality 0.70
Coeptis raises $4.3M in Series A Preferred financing; CEO granted 2.4M options
Z Squared Inc.
- Raised $4.3M via sale of 4,300 shares of Series A Preferred at $1,000/share to accredited investors.
- Financing led by CJC Investment Trust (entity of board member Christopher Calise).
- Series A convertible at $0.40/share; automatic conversion upon $20M+ fundraising.
- CEO David Mehalick granted options for 2.4M shares (fully vested, 10-year term) on June 13.
- Investors also received 6.45% non-voting equity in new subsidiaries SNAP Biosciences and GEAR Therapeutics.