CrowdGather, Inc. (OTCPK:CRWG) announced that it has entered into security agreement for a private placement of secured promissory notes for gross proceeds of $2,000,000 with existing lender, Vinay Holdings, Ltd. on July 27, 2015. Vinay Holdings, Ltd. invested $372,000 in the transaction.The note will carry a fixed interest rate of 12% per annum and would mature on September 25, 2015, payable 60 days from the date of issuance.
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5-day change | 1st Jan Change | ||
0.0001 USD | 0.00% | 0.00% | -99.50% |
2018 | CrowdGather, Inc. cancelled the transaction announced on January 30, 2015 | CI |
2017 | CrowdGather, Inc. Auditor Raises 'Going Concern' Doubt | CI |
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+54.11% | 57.64B | |
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+15.88% | 32.51B |
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- CrowdGather, Inc. announced that it has received $2 million in funding from Vinay Holdings, Ltd..