According to filings with the U.S. Securities and Exchange Commission, PassiveBolt is raising up to $7,166,959.00 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 PassiveBolt
Pioneering Web3 access control with a decentralized identity platform that introduces cryptographic attestations for unlocking secure spaces. PassiveBolt has also established itself as the first Tier-1 company in the smart lock and smart access control space (modeled after the auto industry).

To learn more about PassiveBolt, visit http://www.passivebolt.com/
PassiveBolt Linkedin Page: https://www.linkedin.com/company/passivebolt/

Contact:
Kabir Maiga, Chief Executive Officer
734-972-0306

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