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Jocom Holdings Corp. (OTC:JOCM) reported the completion of an unregistered sale of equity securities, according to a statement filed with the Securities and Exchange Commission.
On April 29, the company entered into a subscription agreement with Artistic Mark Limited for the sale of 3,000,000 shares of common stock at a price of $0.10 per share. The transaction resulted in gross proceeds of $300,000, which the company stated were allocated as working capital.
Jocom Holdings’ common stock is listed on the OTC Market – OTC Pink under the ticker JOCM. The company is incorporated in Nevada and identified as an emerging growth company in the filing.
The information is based on a press release statement included in the company’s recent SEC filing.
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