Motive Technologies has filed a notice of an exempt offering of securities to raise $150 Million in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Motive Technologies is raising up to $150,000,000.00 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 Motive Technologies
Motive builds technology to improve the safety, productivity and profitability of businesses that power the physical economy. We serve more than 120,000 businesses, across a wide range of industries including construction, field service, agriculture, trucking and logistics, delivery, and more. At Motive, we are committed to building a company that creates products customers love and fostering a culture that enables people to do their best work. We are looking for people from all backgrounds who want to make an impact on the millions of businesses that power the physical economy.
To learn more about Motive Technologies, visit https://gomotive.com/
Motive Technologies Linkedin Page: https://www.linkedin.com/company/motive-inc/
Contact:
Shoaib Makani, Chief Executive Officer
855-434-3564
https://www.linkedin.com/in/smakani/
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