On August 1, 2019, Grow Capital, Inc. (OTCPK:GRWC) closed the transaction. The company has entered into a securities purchase agreement with two individual accredited investors to issue 1,215,278 common shares for gross proceeds of $200,000 pursuant to Regulation D. The purchase agreements contain customary representations, warranties and covenants of the parties. The company issued securities pursuant to registration under Section 4(a)(2) of the Securities Act of 1933, as amended in the Securities Act and Rule 506(b) under Regulation D.