Kaya Holdings, Inc. (OTCPK:KAYS) announced a private placement of up to 160 units at a price of $25,000 per unit for proceeds of up to $4,000,000 on September 2, 2020. The Units will be offered and sold on a best efforts basis until December 31, 2020, which may be extended by the company in its sole discretion for a period or periods of up to one hundred eighty 180 days. Each unit consist of 1,000,000 shares of the Company’s common stock, 1,000,000 one-year Class A warrants, each entitling the holder to purchase one additional share, at an exercise price of $0.075 per share, 1,000,000 two year Class B warrants, each entitling the holder to purchase one additional share, at an exercise price of $0.125 per share, 100,000 shares of common stock of Kaya Brands International, Inc. The transaction will include participation from accredited investors. The securities will be offered and sold pursuant to Rule 506(c) promulgated, Regulation D under the Securities Act of 1933, as amended. The minimum investment accepted from any outside investor is $12,500.