Foundation Devices has filed a notice of an exempt offering of securities to raise $13,380,000.00 in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Foundation Devices is raising up to $13,380,000.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About Foundation Devices
Foundation Devices specializes in creating Bitcoin-centric freedom tech that prioritizes thoughtful design, privacy, and open-source principles. The company offers a suite of products aimed at enhancing personal security and self-custody of Bitcoin. Their flagship product, Passport Prime, functions as a personal security platform for safeguarding Bitcoin, 2FA codes, security keys, and seeds, with expandable functionality through third-party apps. Additionally, Foundation provides Passport Core, a hardware wallet focused on airgapped security, and Envoy, a mobile Bitcoin wallet designed for simplicity and powerful privacy features. The company emphasizes ease of use, making self-custody attainable for both new and advanced users, and is committed to open-source hardware and software.
To learn more about Foundation Devices, visit https://foundation.xyz/
Foundation Devices Linkedin Page: https://www.linkedin.com/company/foundationdevices/
Contact:
Zachary Herbert, Chief Executive Officer
617-283-8306
https://www.linkedin.com/in/zherbert/
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