Lite Run has filed a notice of an exempt offering of securities to raise $3 Million in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Lite Run is raising up to $3 Million 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 Lite Run
Lite Run is a St. Paul, Minnesota-based company that develops a breakthrough mobility system designed to help patients stand, walk, and recover sooner after injury, surgery, or illness. Its core product uses patented unweighting technology with air pressure to gently support the body and reduce up to 50% of a patients weight, allowing for more natural and safer movement. The company says this approach can improve balance, strength, confidence, and independence while lowering the risk of falls and injuries. Lite Run positions its system for use in hospitals, rehabilitation centers, long-term care facilities, and nursing homes, where it is intended to support both patients and healthcare staff. Its home page also highlights that the Lite Run is a Class 1 medical device and emphasizes outcomes such as reducing delirium, pressure injuries, falls, and infection risk while improving recovery.
To learn more, visit https://www.literun.com/
LinkedIn: https://www.linkedin.com/company/lite-run-inc
Contact:
Gregg Smith, Chief Executive Officer
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