Dodai Group, Inc. announced that it will issue 2,209,782 series A preferred shares of par value $0.00001 per share at a price of $1.7864 per share for gross proceeds of $3,947,554.5648 on February 22, 2024. The shares carry non-cumulative fixed dividend rate of 6% per share per annum. The shares will be convertible into common shares at a fixed conversion price of $1.7864 per share.

The round will be raised at a post-money valuation of $8,038,800.