Measurabl, Inc. announced that it will issue 1,923,027 series C preferred shares at issue price of $18.2005 per share for the gross proceeds $35,000,052.9135 in funding on August 31, 2021. The shares are convertible, non-redeemable and non-cumulative. The shares carry non-cumulative fixed dividend value of $1.4561 per annum per share.

The shares will be convertible in common shares at a fixed conversion price of $18.2005 per share. The company will issue securities pursuant to exemption provided under Regulation D.