Social Commerce Platform Sagoon to Launch Mini-IPO Offering
The social commerce platform Sagoon has reportedly announced that it will be closing its successful mini-IPO (equity crowdfunding). The mini-IPO will be offered on 26th July 2018.
The investors that might be interested in buying the shares of the company can buy it until the midnight of 26th July. The mini-IPO had been launched in 2017 at $23 per share with a minimum investment of $1,000 and was offering Class C common stock.
Since then, the company raised about $4 million from over 3,500 global investors who share Sagoon’s vision of a social commerce platform that helps users to Connect, Share, and Earn. Apart from this, it also raised around $5 million from a strategic partnership.
“We are so thankful for the support we have received from our investors and partners who share our v...