Business
Sagoon, a social commerce startup, to raise $20 million
New Delhi: Sagoon, a US/India based social commerce startup, announced the filing of a Regulation A+ (MINI-IPO) with the US Securities and Exchange Commission (SEC) to offer an investment opportunity mostly to a large pool of potential public investors who already are a part of Sagoon users, fans and supporters.
After the offering is qualified by the SEC, the company plans to sell 869,564 shares of Class C Common Stock at $23 per share; the minimum investment will be 13 shares, costing $299. The offering will be conducted on a best efforts basis through our own website www.sagoon.com/invest, where the Offering Circular relating to the offering will be posted.
Govinda Giri, the founder of Sagoon, said “I always wanted to offer this opportunity to my own community, and all those fans & supporters who believe in our dream, so that each one of them gets a chance to help us change the world and receives the potential financial benefits that Sagoon aims to share.” He further added “Thanks to the US JOBS Act of 2012 which makes it possible for us to have a positive impact on many sides of our society”.
The company’s legal counsel Sara Hanks of KHLK LLP is helping Sagoon Inc. in all the legal matters related to Regulation A+ including filing a Form 1-A, covering the offering with the SEC. Hanks is the co-chair of SEC’s Advisory Committee on Small and Emerging Companies. She, formerly a SEC attorney and general counsel to the US Congressional Oversight Panel on TARP, is also the CEO of CrowdCheck, a Washington DC-based compliance and diligence platform that services investment crowdfunding platforms.
“We believe that we are the pioneer of social media monetization, which is one the biggest innovations in the social media landscape. Our mission is to build a rewarding life through the innovative social path: Connect. Share. Earn. This could be an excellent opportunity for anyone who has faith in our mission. Currently, we are accepting ‘indication of interests’ from potential investors and once we are qualified by the SEC, people from India, US, Canada and other parts of the world will be able to convert their interest into an investment as long as it’s legal in their country.” said Govinda.
If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.
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The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.
Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.
Amazon Summer Sale May 2022: Discount offer on iPhone 13
Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.
If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.
Buy at Rs. 64,900 (MRP – Rs. 79,900)
Features of Apple iPhone 13
The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.
The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.
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