Blaqclouds Inc. announced a private placement of minimum of 10,000 simple agreement for future equity and maximum of 535,000 simple agreement for future equity at a price of $1 per simple agreement for future equity for minimum gross proceeds of $10,000 and maximum gross proceeds of $535,000 on September 27, 2021. The company is raising funding through crowd-funding platform truCrowd, Inc . The company will accept oversubscriptions in the transaction. The company will issue securities pursuant to exemptions provided under Regulation C. The transaction is expected to close on May 31, 2022. The company will pay 8% of the gross proceeds as fees to truCrowd, Inc. in the transaction. All securities issued in the transaction have a hold period of one year.