Green Stream Holdings Files An Offering Statement With The SEC To Launch A Regulation A Public Offering
Green Stream Holdings Inc. (ticker symbol GSFI) a holding company of Green Stream Finance, Inc., a company that focuses on currently unmet markets in the solar energy space through its innovative proprietary solar product offerings, financed for customers via its public and private partnerships, today announced that it has filed an Offering Statement on Form 1-A with the Securities and Exchange Commission to launch a Regulation A, Tier 1 public offering to offer up to $10,000,000 of common stock at a price of $0.75 per share.
The Company is offering up to 13,333,333 shares of its common stock, $.001 par value, for $0.75 per share, for gross proceeds of up to $10,000,000.00, before deduction of offering expenses, assuming all shares are sold. The minimum investment established for each investor is $10,000.00, unless such minimum is waived by the Company in its sole discretion, which may be done on a case-by-case basis.
According to the Securities and Exchange Commission, which can be found at (https://www.sec.gov/smallbusiness/exemptofferings/rega) Regulation A is an exemption from registration for public offerings. Regulation A has two offering tiers: Tier 1, for offerings of up to $20 million in a 12-month period; and Tier 2, for offerings of up to $50 million in a 12-month period. The Company will be utilizing a Tier 1 offering.
President of Green Stream, Ms. Madeline Cammarata, commented, “This filing is a major first step in becoming current in its filings and financials and for preparing the company to finance its expansion plans which we hope will generate value for the shareholders.”
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