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Jocom Holdings completes $100,000 private placement of common stock

Published 25/06/2025, 14:06
Jocom Holdings completes $100,000 private placement of common stock
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Jocom Holdings Corp. (OTC:JOCM) reported the completion of an unregistered sale of equity securities, according to a statement included in a filing with the Securities and Exchange Commission.

On April 30, 2025, the company entered into a subscription agreement with ATOZ Capital Sdn. Bhd. for the issuance and sale of 1,000,000 shares of common stock at a price of $0.10 per share. The transaction resulted in total net proceeds of $100,000, which the company stated would be used as working capital.

The shares issued in this transaction were not registered under the Securities Act of 1933. The company’s common stock is traded on the OTC Market under the symbol JOCM.

This information is based on a press release statement included in the company’s recent SEC filing.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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