Cornami has filed a notice of an exempt offering of securities to raise $40 Million in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Cornami is raising up to $40,000,000.00 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 Cornami
CORNAMI is focused on the deployment of intelligent computing in real-time environments. The company has developed a scalable, next-generation massively parallel processor architecture addressing the shift in computing needs for exploding dataset workloads in Machine Learning and Neural Network markets. CORNAMI delivers high performance anywhere and on any device at the lowest power and latency available.
To learn more about Cornami, visit https://cornami.com/
Cornami Linkedin Page: https://www.linkedin.com/company/cornami-inc./
Contact:
Gordon Campbell, Chief Executive Officer
408-541-9400
https://www.linkedin.com/in/gordon-gordie-a-campbell-4a15678/
SOURCE: http://www.intelligence360.io
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