Trillium Renewable Chemicals, Inc. announced that it will issue 282,049 series A preferred stock at issue price of $35.4547 and 52,323 series A-1 preferred stock at issue price of $30 for gross proceeds of $11,569,653 on July 20, 2022. The shares will be converted into common shares at fixed conversion rate of $35.4547, and $30 per share respectively. The company will receive $11,569,662 in funding pursuant to exemption provided under Regulation D. The company will raise the funding at a post-money valuation of $14,531,160.

The shares are issued at $0.0001 par value per share.