IPO - WORTHY WEALTH, INC.
Form Type: 253G1
Filing Date: 2025-03-05
Corporate Action: Ipo
Type: New
Accession Number: 000149315225009161
Filing Summary: Worthy Wealth, Inc. is initiating an offering of up to 4,000,000 shares of its common stock, valued at $10 per share, aiming for a maximum offering amount of $40,000,000. The company, established on July 11, 2023, is in the process of acquiring Worthy Property Bonds, Inc. and Worthy Property Bonds 2, Inc., representing a significant step in its business strategy. This acquisition is structured under a Stock Purchase Agreement executed on December 11, 2023. A minimum of $10,000,000 is necessary to finalize the acquisition by September 30, 2025, otherwise, the parties may terminate the agreement. Proceeds from the offering will primarily fund this acquisition, and if insufficient, the company may seek additional financing through other means. There is no set minimum that needs to be raised; funds will be applied towards various corporate purposes, including development initiatives and real estate investments.
Document Link: View Document
Additional details:
Maximum Offering Amount: 40,000,000
Minimum Individual Investment: 500
Offering Expenses: 2,260,000
Broker Dealer: Texture Capital, Inc.
Total Commissions: 2,200,000
Max Price Per Share: 10.00
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