High Wire Networks sells 46 Series G preferred shares in unregistered private placement for $34,000
HIGH WIRE NETWORKS INC HWNI | 0.00 |
- High Wire Networks entered a private placement with GHS Investments, closing June 1, 2026.
- Sold 34 shares of Series G Preferred Stock at USD 1,000 each for USD 34,000; issued 12 additional restricted Series G shares as an equity incentive.
- Series G Preferred carries a USD 1,200 stated value, convertible into common stock; accrues 12% annual dividends on stated value.
- Agreement allows up to 70 more Series G shares at USD 1,000 each in additional closings, subject to conditions.
- Shares were issued unregistered under Section 4(a)(2) and Rule 506 of Regulation D.
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