Aluf Holdings, Inc. announced that it expects to receive $4 million in funding
November 01, 2018
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Aluf Holdings, Inc. (OTCPK:AHIX) announced a self-offering private placement of 1,600,000,000 units at a price of $0.0025 per share for gross proceeds of up to $4,000,000 on November 2, 2018. Each unit shall consist of one common share and one share purchase warrant. Each warrant is exercisable at $0.005 per share for a period of 12 months from issuance. Certain directors, officers and insiders will participate in the transaction. The company may pay a finder's fee in the transaction. Securities will issued pursuant to exemption provided under Regulation D. The transaction is expected to close on or about April 30, 2019.
Aluf Holdings, Inc. operates as a holding company. The Company is engaged in acquiring, operating, and managing subsidiaries in the development and sale of software and technology solutions. Its Business Management Solutions Division provides diverse solutions of back-office, staffing, financial, and technology services. The Company is focused on acquiring and managing companies which are engaged in biometrics and cyber security, cloud-based software-as-a-services (SaaS), medical applications and in the software and technology industries. The Company also provides virtual income tax preparation, accounting, and advisory services for corporations, small businesses and high net worth individuals. Its subsidiaries include Tax Partners USA, LLC and Aluf Tech LLC. Its Aluf Tech, LLC. is a provider of diversified services, offering business solutions, technology solutions, and life solutions.
ALUF HOLDINGS, INC. 
