Cloud3 Ventures Inc. announced that its ongoing financing round has been oversubscribed, fueled by investor confidence in its decentralized infrastructure initiatives and blockchain ecosystem development. Founders and key executives led the round, demonstrating their unwavering belief in Cloud3's strategic direction. The capital will be used to expand infrastructure, further develop the Lif3 Ecosystem, and support DeFi projects.
Cloud3 Ventures Inc. today announced that its ongoing financing round has been oversubscribed, driven by strong investor demand for the company's decentralized infrastructure initiatives and blockchain ecosystem development. The financing was priced at $0.30 per share, reflecting investor confidence in Cloud3's long-term growth trajectory. See news release dated February 4, 2025 for further information.
Founders and key executives, including CEO David Nikzad and COO Jason Hobson, have personally participated in this round, reinforcing their belief in Cloud3's strategic direction and expansion efforts. \'We are encouraged by the overwhelming investor interest in Cloud3, which underscores the market's recognition of our work in decentralized technology,' said David Nikzad, CEO of Cloud3 Ventures Inc. 'Our personal investment in this round reflects our deep conviction in Cloud3's potential and the roadmap ahead.' The proceeds from this financing will be deployed to expand Cloud3's decentralized infrastructure, further develop the Lif3 Ecosystem, and strengthen operations on Lif3 Chain Alpha Mainnet and Autumn Mainnet. Additionally, the Company will continue supporting DeFi projects such as Tomb and FTM, solidifying its position in the evolving blockchain landscape. \ 'The strong investor response to this round is a testament to Cloud3's momentum,' added Jason Hobson, COO of Cloud3 Ventures Inc. 'With this capital, we will accelerate growth, enhance our infrastructure, and execute on key strategic priorities.'This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. The securities of the Company have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”), or any state securities laws and may not be offered or sold in the “United States” or to “U.S. persons” (as such terms are defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.Cloud3 Ventures Inc. is a Canadian company that operates at the forefront of blockchain innovation. Specializing in the LIF3 ecosystem, the Company provides strategic investments and infrastructure solutions to enable the next generation of decentralized applications. Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties, certain of which are beyond the control of the Company. Forward-looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur or be achieved and other similar expressions. Forward-looking statements are based on the estimates and opinions of management on the date the statements are made. In the news release, such forward-looking statements include, but are not limited to, statements regarding the Company’s performance, business objectives, milestones and the potential outcomes from its development contained therein. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation: the Company’s ability to comply with all applicable regulations and laws, including environmental, health and safety laws; the success of 4worlds as a metaverse universe and a DAO on the Bitcoin blockchain; the experience of Orthogonal’s advisory board to oversee the project; the Company has sufficient working capital for future operating activities; the ability of the Company to achieve its business objectives and milestones and the anticipated timing of execution; the Company’s ability to continue as a going concern; the Company’s ability to achieve profitability in the 2025 fiscal year; the Company’s ability to obtain additional financing for continued operations on terms acceptable to the Company outlined herein. The above lists of forward-looking statements and assumptions are not exhaustive. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated or implied by such forward-looking statements due to a number of factors and risks
Blockchain Decentralized Infrastructure Cloud3 Ventures Inc. Lif3 Ecosystem Defi Financing Round
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