Veruna LLC announced that it will issue 11,166,451 series B preferred stock at a price of $0.778 per share for gross proceeds of $8,687,498.878 on March 23, 2023. The shares are issued at $0.0001 par value per share. The shares will be convertible into common shares at a fixed conversion price of $0.778 per share.

The round will be raised at a post-money valuation of $25,473,671.