Beyond Commerce, Inc. announced that it expects to receive $1 million in funding
March 22, 2021
Share
Beyond Commerce, Inc. (OTCPK:BYOC) announced that it has entered into a stock purchase agreement with one investor for a private placement of 10,000 shares of series C convertible preferred stock at a price $0.01 per share for gross proceeds of $1,000,000 on March 23, 2021. The company will issue securities pursuant to exemption provided under Regulation D. The shares are convertible into a total of 100,000,000 shares of the company’s common stock at the fixed conversion price of $0.01 per share.
Beyond Commerce, Inc. is primarily focused on the acquisition of big data companies in the business-to-business (B2B) Internet marketing analytics, technologies, and services. The Company is engaged in developing and deploying disruptive strategic software technology that will build on the organic growth potential and exploit cross-selling opportunities. The Company provides solutions that facilitate the exchange of information and data transactions between supply chain participants, such as manufacturers, retailers, distributors, and financial institutions, with the focus of automating potential client internal processes. The Company intends to offer services and solutions, such as content services, business process management, customer experience management, discovery, business network, and analytics.