Reservoir Power has filed a notice of an exempt offering of securities to raise $4,599,999.00 in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Reservoir Power is raising up to $4,599,999.00 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 Reservoir Power
Reservoir Power is a Public Benefit Corporation (PBC) dedicated to accelerating the sustainability and reliability of the power grid by advancing solutions for a low-carbon grid. The company possesses deep expertise and a proven track record in the origination and development of high-value power projects. With a focus on meeting the current energy demands, Reservoir Power is strategically positioned to contribute to the evolving energy landscape. The company operates from locations in Cambridge, MA, and Portland, OR, underscoring its presence in key regions for energy innovation.
To learn more about Reservoir Power, visit https://www.reservoirpower.com/
Reservoir Power Linkedin Page: https://www.linkedin.com/company/reservoir-power/
Contact:
Wendy DeWolf, President
617-294-9737
https://www.linkedin.com/in/wendy-dewolf-66912a74/
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