JPX Global, Inc. (OTCPK:JPEX) announced a private placement of equity for gross proceeds of $1,000,000 on May 27, 2014. The minimum investment accepted from any investor is $5,000. The company will issue securities pursuant to exemption provided under Regulation D.

On the same date, the company announced that board of director of the company has approved the issuance of an aggregate of 2,220,000 shares at $0.10 per share for gross proceeds of 222,000. The company also raised 100,000 shares in the first tranche.

On June 12, 2014, the company issued 150,000 shares.

On June 13, 2014, the company issued 100,000 shares.

On July 16, 2014, JPX Global, Inc. (OTCPK:JPEX) closed the transaction. The company issued 500,000 shares in the last tranche of the transaction. In total the company issued 850,000 shares in the transaction for gross proceeds of $85,000.