Preply has filed a notice of an exempt offering of securities to raise $120,917,629.00 in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Preply is raising up to $120,917,629.00 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 Preply
Preply is an online language learning platform connecting over two million learners with more than 100,000 experienced tutors across 120+ subjects. The company facilitates personalized language education, with 97% of learners reporting that practicing with a real person is crucial to their progress. Preply also offers corporate language training solutions for businesses, providing tailored learning programs with online tutors for teams and employees. With a strong global presence, Preply boasts tutors from over 180 nationalities and has garnered over 300,000 five-star tutor reviews, indicating a high level of user satisfaction.
To learn more about Preply, visit https://preply.com/
Preply Linkedin Page: https://www.linkedin.com/company/preply/
Contact:
Charlie Wickers, Chief Financial Officer
617-706-7465
https://www.linkedin.com/in/charlie-wickers-60086a4/
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