Shellfish Solutions Inc. announced that it expects to receive $3.999996 million in funding
December 11, 2022
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Shellfish Solutions Inc. announced that it will receive $3,999,996.42008 in funding on December 12, 2022. The company will issue securities pursuant to the exemption provided under Regulation D. The company will issue 368,596 series seed-2 preferred shares at a price of $10.85198 per share in the transaction. The preferred shares have a par value of $0.001 per share.
The preferred shares will be convertible to common shares at their original issue price. The round will be raised at a post-money valuation of $6,278,717.
Where Food Comes From, Inc. provides a trusted resource for third-party verification of food production practices in North America. The Company supports approximately 17,500 farmers, ranchers, vineyards, wineries, processors, retailers, distributors, trade associations, consumer brands, chefs and restaurants with a variety of value-added services. The Companyâs segments include Verification and Certification and Professional Services. The Verification and Certification Segment offer a range of products and services to maintain identification, traceability, and verification systems. It conducts both on-site and desk audits to verify that claims being made about livestock, food, other high-value specialty crops and agricultural products are accurate. The Professional services include a range of professional consulting, data analysis, reporting and technology solutions that support its verification business and generate incremental revenue specific to the food and agricultural industry.
WHERE FOOD COMES FROM, INC. 
