Sunspeed Enterprises Announces DPO
Sunspeed Enterprises, in an effort to kick start its ambitious plan to build an electric vehicle charging station network through coastal California, announced it is offering 250,000 shares of its common stock via a direct public offering (DPO) to California residents to help raise funds for development of The Pacific Coast SunTrail Route.
“The direct public offering will provide new sources of funding required for us to aggressively move forward with our plan,” said Richard Sachen, founder and CEO of Sunspeed Enterprises. “An injection of new capital, combined with our current funding and grants, will allow us to hit the market with increased momentum.”
The offering is open to California residents only, with a minimum investment of $2,000. Sunspeed Enterprises is offering 250,000 shares of its common stock at $12 per share.
For additional information on the DPO or to download an offering memorandum, please visit SunspeedEnterprises.com or CuttingEdgeX.com. As with any investment, there are risks, which are described in the offering memorandum; please read it carefully before investing.