Reg A IPO Sample Clauses

Reg A IPO. Bitzumi plans to file within the next 30 days a Reg A offering to raise up to $10 million (based on a minimum valuation of $35 million) and be listed on the OTC market by early 2018. Following the Reg A offering, Sarig and Bergelson shall have the option to convert their 50% membership interest in Bitzumi Publishing for equity in Bitzumi upon a valuation to be mutually agreed upon. Bitzumi shall fund initial start-up capital for Bitzumi Publishing.