T Stamp raises $2M via private placement of 4.6M shares at $0.435/share

T Stamp Inc

Issued 4,597,701 shares to one investor via three promissory notes totaling $2,000,000.
Notes: $500,000 due July 31, $500,000 due Aug 31, $1,000,000 due 3 days after effective registration statement.
Proceeds for working capital; shares sold under Regulation D exemption from SEC registration.
Voting cap at 19.99% unless stockholders ratify the SPA; ratification sought at next annual/extraordinary meeting.
Company must file resale registration statement within 45 days of closing date (July 13, 2024).

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