CrowdGather, Inc. (OTCPK:CRWG) announced that it has entered into an equity purchase agreement with new sophisticated and accredited investor, Aladdin Trading, LLC for gross proceeds of $1,400,000 on January 30, 2015. The company will issue up to 17,500,000 shares after effectiveness of the registration statement until December 31, 2015. The shares will be issued at 60% of the market price of the common shares with market price equal to the volume weighted average trading price for common share during the three consecutive trading days immediately following the date of put notice. There is no minimum amount to be received in one tranche in the transaction. The investor will not acquire more than 9.99% stake in the company through this transaction. The shares to be issued in the transaction have a par value of $0.001 per share. The company will issue securities pursuant to exemption provided under Regulation D. The company may terminate this agreement at any time by written notice to the investor. The company will pay its own expenses in connection with the transaction. The company will pay all stamp or other similar taxes and duties in connection with the put shares. On January 30, 2018, CrowdGather, Inc. (OTCPK:CRWG) cancelled the transaction.