View The Space, Inc. announced that it will issue 10,937,449 series E preferred shares at an issue price of $13.71434 per share for the gross proceeds of $149,999,894.31866 on August 12, 2022. The shares are redeemable. The shares carry non-cumulative, and participating fixed dividend rate of 8% per share.

The shares will be convertible into common shares at a fixed conversion price of $13.71434 per share. The round will be raised at a post-money valuation of $1,408,951,771.