Heron Power Electronics has filed a notice of an exempt offering of securities to raise $139,999,853.00 in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Heron Power Electronics is raising up to $139,999,853.00 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 Heron Power Electronics
Energy demand across industries is accelerating at an unprecedented pace, and the need for more deployable, efficient, resilient, and scalable infrastructure has never been more critical. The sustainable energy transition alone demands a 3-5x increase in global electricity generation and consumption. Heron Power is building cutting-edge power electronics for the 21st-century grid. We aim to debottleneck the growth of electricity generation and consumption with scalable, innovative, and less costly hardware solutions, accelerating the electrification of everything.
To learn more about Heron Power Electronics, visit https://heronpower.com/
Heron Power Electronics Linkedin Page: https://www.linkedin.com/company/heron-power-electronics/
Contact:
Andrew Baglino, Chief Executive Officer
831-226-2248
https://www.linkedin.com/in/baglino/
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