IPO - Software Effective Solutions, Corp.
Form Type: 253G1
Filing Date: 2025-06-10
Corporate Action: Ipo
Type: New
Accession Number: 000113902025000162
Filing Summary: Software Effective Solutions Corp. is offering up to 500,000,000 shares of its common stock at a fixed price of $0.0025 per share under Regulation A Tier 1. A minimum purchase of $5,000 is required, and the offering is conducted on a best-efforts basis, meaning there is no minimum number of shares that must be sold for it to close. The company anticipates receiving no or minimal proceeds from this offering. Proceeds will primarily go towards product development, marketing, and operational costs. The company also mentions the conversion of up to $109,850 of convertible notes into 47,500,000 shares held by selling shareholders, with all sales to be conducted without the company's involvement. The offering highlights risk factors, including the speculative nature of the investment and potential voting control issues due to the existence of Series A Preferred Stock with superior voting rights. Furthermore, the company stresses that it has a limited operating history and lacks significant revenues, facing challenges typical for early-stage companies.
Additional details:
Offered Shares: 500000000
Offering Price: 0.0025
Minimum Purchase: 5000
Total Shares Outstanding: 836041822
Selling Shareholder Offered Shares: 47500000
Proceeds Use: product development, marketing, equipment, farming-related activities, general and administrative expenses, working capital
Risk Factors: high degree of risk, prior lack of operating history, dependence on external financing, potential lack of sufficient capital, potential voting control issues by preferred stock holders.
Comments
No comments yet. Be the first to comment!