Glassdome, Inc. announced that it will raise $8,619,995 in a round of funding on May 2, 2023. The company will issue 638,365 series A-1 preferred stock at an issue price of $1.5665 per share and 4,378,050 series A-2 preferred stock at an issue price of $1.7405 per share. The shares are convertible into common shares of the company at their original issue price.

The shares are issued at a par value of $0.00001 per share. The round is raised at a post-money valuation of $15,102,437. The shares carry non-cumulative fixed dividend value of $0.0940 and $0.1044 per share respectively.

The shares are convertible and non-redeemable.