Sigma Additive Solutions, Inc. announced a private placement with the principal amount of $500,000 on March 18, 2024. The transaction included participation from William Kerby and Donald Monaco, together as holders, with an initial advance from Mr. Monaco of $125,000. The company has issued unsecured promissory note in the transaction.

The note carries a 7.5% interest rate per annum. The note will mature on February 28, 2025, subject to certain limited exceptions. The transaction got approval from company's board of directors.