Divergent Technologies Inc. announced that it will issue 6,314,227 series D preferred shares of par value $0.00001 per share at an issue price of $31.6745 per share for gross proceeds of $199,999,983.1115 on December 9, 2022. The shares will be convertible into common shares at a fixed conversion price of $31.6745 per share. The round will be raised at a post-money valuation of $1,736,434,511.
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- Divergent Technologies, Inc. intends to raise a total of $199.999983 million in funding via Series D round.