PowerPollen has filed a notice of an exempt offering of securities to raise $20 Million in New Funding.
According to filings with the U.S. Securities and Exchange Commission, PowerPollen is raising up to $20,000,000.00 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 PowerPollen
PowerPollen offers a breakthrough, scalable technology to collect, preserve and apply pollen on-demand to help improve the productivity, profitability and sustainability of modern farming practices. Following multiple seasons of year-round field trials, PowerPollens patented pollination technology increased yield by more than 20% in commercial hybrid corn seed production fields. The company has successfully applied its technology across thousands of commercial acres over the past several years. PowerPollen is headquartered in Iowa with additional research operations in Puerto Rico and Texas.
To learn more, visit https://www.powerpollen.com/
LinkedIn: https://www.linkedin.com/company/accelerated-ag-technologies-llc/
Contact:
Carl Cox, Chief Executive Officer
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