Sapphire Technologies has filed a notice of an exempt offering of securities to raise $17,543,370.00 in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Sapphire Technologies is raising up to $17,543,370.00 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 Sapphire Technologies
Sapphire Technologies is a company dedicated to driving global decarbonization by developing and manufacturing energy recovery systems. The company’s primary offering is the FreeSpin In-line Turboexpander (FIT), which is designed to convert energy wasted in pressure reduction processes within hydrogen and natural gas industrial applications into clean electric power. These systems operate without interrupting existing operations, helping customers maximize efficiencies, improve productivity, reduce carbon emissions, and offset electrical costs. Sapphire Technologies emphasizes its commitment to innovation and sustainability, aiming to reshape the energy landscape through advanced technological solutions. The company’s factory in Southern California handles the manufacturing and testing of its turboexpanders, ensuring high-quality and efficient deployment of its IT-based business solutions.
To learn more about Sapphire Technologies, visit https://www.sapphiretechnologies.com/
Sapphire Technologies Linkedin Page: https://www.linkedin.com/search/results/companies/?keywords=Sapphire%20Technologies
Contact:
Freddie Sarhan, Chief Executive Officer
562-293-1690
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