Snowcap Compute Inc. has filed a notice of an exempt offering of securities to raise $22,999,999.00 in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Snowcap Compute Inc. is raising up to $22,999,999.00 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 Snowcap Compute Inc.
Snowcap Compute is pioneering a new frontier in compute: superconducting technology that delivers orders-of-magnitude efficiency over semiconductors using standard fabs and proven cryogenic systems. Founded by Silicon Valley veterans and world-class physicists, Snowcaps platform marks the first time superconducting is commercially competitive with CMOS.
To learn more about Snowcap Compute Inc., visit https://snowcapcompute.com/
Snowcap Compute Inc. Linkedin Page: https://www.linkedin.com/company/snowcapcompute/
Contact:
Michael Lafferty, Chief Executive Officer
267-249-2725
https://www.linkedin.com/in/michael-lafferty-00a1b84/
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