IPO - RAADR, INC.
Form Type: 253G1
Filing Date: 2025-04-15
Corporate Action: Ipo
Type: New
Accession Number: 000113902025000061
Filing Summary: Raadr, Inc. is offering a maximum of 1,500,000,000 shares of its common stock at a fixed price of $0.001 per share under Tier 1 of Regulation A. The offering requires a minimum purchase of $10,000 and will close when the maximum offering is sold, one year from SEC qualification, or earlier at the company’s discretion. Proceeds, estimated up to $1,500,000, may be used for acquisitions, debt payments, and working capital. The company has undergone a change in control due to the acquisition of Telvantis, Inc. and Mexedia DAC. Mexedia SPA holds all outstanding shares of Series F Preferred Stock, giving it significant voting control over corporate decisions. There are noted risks to investors related to the speculative nature of the investment, lack of market history post-acquisition, and the status of the company as a former shell entity. The acquisition deal involves various financial agreements, including a Redemption Agreement and share cancellation agreements totaling 1,700,000,000 shares canceled. This offering is not subject to SEC approval, highlighting the lack of a third-party auditing of financial statements.
Additional details:
Offered Shares: 1500000000
Offering Price: 0.001
Minimum Purchase: 10000
Shares Outstanding Before: 6746260661
Shares Outstanding After: 8246260661
Cash On Hand: 1431921
Year End Revenue: 7176431
Year End Net Loss: 32673750
Redemption Note Amount: 540000
Redemption Note Interest Rate: 8%
Minimum Net Worth: 70000
Voting Control Holder: Mexedia SPA
Total Canceled Shares: 1700000000
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