SambaNova Systems, Inc. announced that it will issue 7,114,434 series D-1 Preferred shares at an issue price of $95.01804 for gross proceeds of $675,999,574.4, 2,171,242 series D-2 Preferred shares at an issue price of $95.01804 for gross proceeds of $206,307,159.2 and series D-3 Preferred shares at an issue price of $ 53.24146 for gross proceeds of $149,999,991.7 for gross proceeds of $935,975,678.1 on April 4, 2021. The shares carry dividend value of $7.60144 per annum per share. The shares are convertible and non-redeemable. The shares will be convertible in common shares at a fixed price of $95.01804 per share.