other material
confidence high
sentiment neutral
materiality 0.50
Kinetic Seas raises $100K via unregistered sale of 610,000 common shares
Kinetic Seas Inc.
- Sold 610,000 shares of common stock during three months ended Sep 30, 2025.
- Total proceeds of $100,000, implying approximately $0.164 per share.
- Relied on Section 4(a)(2) exemption; shares sold to sophisticated investors without general solicitation.
- Shares are restricted and bear legend prohibiting resale without registration or exemption.
- No commissions or remuneration paid in connection with the issuance.